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Technology Stocks : RETIX (RETX) Perhaps Another Acquisition Target For CSCO? -- Ignore unavailable to you. Want to Upgrade?


To: David H. Zimmer who wrote (1025)3/31/1998 1:00:00 AM
From: Adam Smith  Read Replies (1) | Respond to of 1119
 
David

Word out is that JW Barkley has been a distressed seller. They had over 1.5MM shares and are now done liquidating.

Annual Meeting is tomorrow. Don't expect much here but symbol changes in a few days. My guess is price will begin creeping up and really explode if they come in with over a 6MM quarter. If they can deliver the numbers of sequential growth larger institutions will jump in and they stock is off to the races.

Good Luck

Adam



To: David H. Zimmer who wrote (1025)3/31/1998 4:59:00 PM
From: James Wright  Respond to of 1119
 
According to a recent post on the Yahoo thread for RETX: "Its about to blow. Still looking for 8 rather quickly."

I expect you're right. I began buying RETX today after Zimmerlaw suggested I take a look nearly two months ago. Given that the recent distress selling by a major holder is over (at least according to prior posts by others), and the length of time that RETX has been trading within the current base of 4 1/2 to 5, I suspect that all weakness is now shaken out. I can't see any reason, moving forward, for continued resistance and expect the price to begin its upward move past 5 and beyond. In fact, I've been closely watching RETX for a month or two, waiting for the right time to buy. That time is now.

I generally like to go with innovative companies which are leaders in their field and appear to be ready to break out due to increased visibility and earnings potential. RETX certainly fits those criteria! So far this year I've been batting a 1000 on finding such companies (look at LGWX, THNK and HAUP). In fact, I'm up over 40% in my portfolio since January. Hopefully, RETX will help me keep my perfect batting average!

Also, be warned that there is a disturbed individual with the alias micny and nyoh who seems to follow me from stock to stock and begins posting vile and paranoid stuff. He/she seems to have a psychological problem, and if micny / nyoh shows up on this thread now that I've made it known that I'm buying RETX, I apologize ahead of time. Some of us are taking legal steps to deal with micny / nyoh, and hopefully he won't be a bother much longer. (If you don't know what I'm referring to, don't worry and count yourself fortunate!)

Now let's have some fun with RETX!



To: David H. Zimmer who wrote (1025)4/1/1998 10:58:00 AM
From: Peter R Smith  Read Replies (2) | Respond to of 1119
 
David , I got to admit that I'm begining to be a believer, its like being a ground troop and being told that air support will start at 15:00 hrs and at 14:59:59 you here the first explosions.......

..... increasing volume for 7 days.....

got 5k at 5

big blocks going through here.....lets see what you guys can do.

BSD