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

To: Adam Smith who wrote (1035)	4/1/1998 8:53:00 PM
From: James Wright	Read Replies (1) \| Respond to of 1119

RETX rose 12% today (from 4 7/8 to 5 1/2) on nearly seven times normal volume (one million shares traded)! Given the strength of today's performance, I tripled my position in RETX this afternoon. If you haven't made your move yet, don't fret -- no one has missed the boat. It's still taking passengers and the time to buy your ticket to ride is now. The technicals for this stock look very good, and although there will be some dips, the trend will be upward. I expect some resistance at around 6 1/2, but nothing major. In addition, the fundamentals going forward are extremely favorable. This is a classic case of a company which fell on hard times but now is back on track under new management. The market hasn't yet fully realized or factored in the company's turnaround, and thus the stock is way undervalued. With RETX's recent turnaround under the new management and the new alliances RETX has formed with Microsoft and HP, this company will have a stellar future. Plus, RETX is truly a leader in a high growth field. Obviously, others are beginning to realize these facts. Those who bought on todays rise, or have been holding from the prior base of 4 1/2 to 5, are in a great position to enjoy watching the market now come to RETX. We are on the ground floor of a stock which is just starting to be discovered and re-valued. Don't sell! Hold (or buy if you haven't yet) and enjoy the ride!