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Strategies & Market Trends : Sharck Soup

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To: Sharck who wrote (15814)4/11/2001 4:30:14 PM
From: Eurobum1  Read Replies (1) of 37746
 
Sharck...be careful...

Redback Ntwrks (RBAK) 15.84 -0.10: Reports Q1 loss of $0.13 a share, $0.02 better than Zacks consensus of a loss of $0.15, vs year-ago earnings of $0.01; revenues rose 166.2% to $90.94 mln from a year-ago of $34.16 mln

Even the earning looks bad, the present trend is pushing the stock up few points to reward the bad news and forward negative quarter.
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