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


To: Magic212 who wrote (2257)4/3/1999 3:19:00 AM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 5843
 
Look, my friend, there is more to it. Of course if a stock has gone up 150 pts like BCST did back in January, in only three days (I was in it, so I remember), buying the next breakout can kill you. It's a fool's game at that point.

But RNWK isn't in the same boat, I feel; at least not yet.

NEVERTHELESS, my trades will all be based on Monday's reaction in the stock.

If it is strong, it's a keeper, if it's weak, say bye bye.



To: Magic212 who wrote (2257)4/3/1999 3:31:00 AM
From: neverenough  Respond to of 5843
 
Now I am not going to short RNWK, however check out the charts of CMGI & GNET and see what happened after their most recent all-time highs...

I would not pay so much attention to the fact they just made an all time high, but put more emphasis on their market cap which now sits at about 4.75B, at 5.7B we would trade at $192.00

IMO, RNWK should be valued higher than BCST, much higher. I wouldn't short this stock at $200.00!

Bong



To: Magic212 who wrote (2257)4/3/1999 6:15:00 AM
From: radames  Respond to of 5843
 
thank you finally someone thinking in reality!! good luck it will work ,,the odds are in our favor,,



To: Magic212 who wrote (2257)4/4/1999 5:21:00 PM
From: Magic212  Respond to of 5843
 
Steve Harmon's thoughts on MP3 and RNWK as a possible acquisition target:

Message 8696417