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 : Redback Networks, Inc. (RBAK)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: William F. Wager, Jr. who wrote (71)6/15/1999 10:42:00 AM
From: William F. Wager, Jr.  Read Replies (1) of 1956
 
RESEARCH ALERT - Redback Networks <RBAK.O> started STRONG BUY

CHICAGO, June 14 (Reuters) - Dain Rauscher Wessels said Monday it started coverage of Redback
Networks Inc., a supplier of subscriber management systems to cable operators and other companies, with a
strong buy rating and a target of $100. --Company's systems enable telephone carriers, cable operators and
service providers to manage large numbers of subscribers by connecting high-speed customer access links to
the Internet and other networks.

--Demand for broadband access services continues to grow.

--Redback has an impressive and growing list of customers.

--"We look for sustained gross profit margins and revenue leverage to enable the company to achieve
profitability in 2000," the firm said. "We are comfortable with our June quarter and 1999 revenue estimates" of
$9.50 million and $44.4 million, respectively.

--Bill
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News