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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	9/25/2001 4:24:09 PM
From: Teri Garner	of 37746

Redback Ntwrks (RBAK) 2.34 +0.04: Company warns for Q3, sees revenues in the range of $35-$40 mln versus the consensus estimate of $53.1 mln; "With the uncertainty surrounding the events of September 11, the Company saw several of its September sales orders and revenue shipments rescheduled or cancelled. The economic effects of these events are aggravating an already weak telecommunications equipment market, causing the timing of a recovery to be difficult to predict"; the company will be taking aggressive measures to cut costs in the near term

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