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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Venditâ„¢ who wrote (3329)1/1/2005 7:54:36 PM
From: Walkingshadow  Respond to of 8752
 
Thanks Reid.

This sounds like the sort of stock you could just buy on the story and potential, then forget about for a while. Might be quite a drawdown, but if you are patient you will likely be well-rewarded.

Sounds like they might be a good acquisition target also.

T



To: Venditâ„¢ who wrote (3329)1/2/2005 1:59:03 AM
From: KLP  Read Replies (2) | Respond to of 8752
 
Reid....Here's a couple of pieces of info you might be looking for...(and that was a very nice thing for you to say...I'm a total novice, but sometimes can see a new venture that looks good...problem was, especially on GNET, I thought Russell Horwitz was terrific, but REALLY should have sold when Jain entered the picture....didn't, and learned a BIG lesson...)

Re RSTG:BB

shares outstanding are 48.43
float is 9.52m (on SI below)

cbs.marketwatch.com

80.3% as of 10-1-04 is listed as insider holdings

siliconinvestor.com

Since management owns about 80% of outstanding shares, trading float is very thin. Hubby doesn't anticipate they will need to issue more stock.

He said: "On the Howlett Research Report on RSTG, look at the discussion on market potential and stock price potential... "