SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : RealNetworks (NASDAQ:RNWK) -- Ignore unavailable to you. Want to Upgrade?


To: Thassico who wrote (3419)5/28/1999 2:09:00 PM
From: zalesky  Read Replies (1) | Respond to of 5843
 
To all: Technically speaking RNWK and many of the
first and second tier internet companies are now
STRONG BUYS. Looking at numerous charts indicates
that these stocks have put in double bottoms earlier
this week. This second massive but short lived slide
was a bit deeper than the first put in during mid
April. This type of double bottom was also seen in
the market as a whole on OCT 8th. That day most high
tech companies secured a second lower bottom which
was also very short lived. We know what happended to
the broader market after that!! The time to accumulate
the internet group is now. We will have a solid rally
once most of the traders get back from the Hamptons
on Tuesday. GOOD LUCK and have a great RNWK weekend!!!