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To: pooh who wrote (4316)10/25/2000 12:44:20 PM
From: rocklobster  Respond to of 8046
 
I don't think you missed anything...I'm more interested on the long term fundamentals on these two companies.. They are both dominators in their respective industries.. Neither one will go anywhere without a good market.

I just feel they are both about as cheap as they will get. This is based on a presumption that we are going to have a fall rally...which is a tenuous presumption at best in this market. I thougth $18 was cheap on RNWK and watched it open at $10.5 the other day. bought the hell out of it too and pulled a few points out of it before selling...

anyway I am just thinking out loud here..and am long TMWD. Looking to get long RNWK. but will let market decide for now..

thanks
rok



To: pooh who wrote (4316)10/25/2000 12:50:49 PM
From: bobby is sleepless in seattle  Respond to of 8046
 
tmwd...as i take a look at the daily, major spike in volume, those bars are very red...the good news, the volume is drying, downward pressure easing as it appears to be holding in this area....I prefer to see normal volume levels before going long (more than a day or two)...

however, taking a position now, with appropiate stops, wherever one perceives appropriate..