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


To: steve mcruiz who wrote (430)4/1/1998 1:49:00 PM
From: Abenamar  Read Replies (2) | Respond to of 5843
 
Lets try to be "cool minded" here (if this is possible). RNWK was $15 at the end of February, today it is touch basing with the $30s. This implies a 100% return in one month. On the other hands, what additional relevant information do we know now that we didn't know back at the end of February?. Not much. The only thing we can be certain of is that volumes have progressively increased, meaning that more or more important investors are setting their eyes in this "Real" deal.

Was the stock underpriced in February => in my modest opinion, most likely.

Is the potential of this company promising? => I think there is no question about that.

Is a 100% return in a month justifiable? => In my opinion the $30s are sustainable in the mid-long run, although you should be expecting some profit taking happening in the short term.

Seya All