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Technology Stocks : RealNetworks (NASDAQ:RNWK) -- Ignore unavailable to you. Want to Upgrade?


To: JOHN IACOVACCI who wrote (327)3/21/1998 11:19:00 PM
From: Joseph Colombo  Read Replies (2) | Respond to of 5843
 
<<I bought more RNWK after doing some research about the relationship between RNWK and MSFT. I have been burned in the past going against big MSFT and determined not to bet against them. Founder of company is a Microsoft millionaire. Microsoft has option of purchasing up to 20% of company and pays RNWK to license code for NetShow. After finding this out I was comfortable that microsoft would not decide to kill their market like netscape.>>

JOHN LACOVACCI,

I purchased RNWK & CYCH last month thinking that this was a second tier Internet stock, and I sold my positions Friday. It was a good run up this last month.

The only reason that I got out was because I believe a correction is likely in the next 6 weeks or so. I'm not a doomsayer. I am an optimist . I just think the tech's (and now the Internet's)will take a rest this time of year like they always do.
And these type companies are just air. Someday they will be something, but right now we are buying the future.

5 years from now, RNWK will be worth 10 times what it is now, and will have split 3 times. I think we know that.

Lets face it, they are the leader in there thing.

Joe