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Technology Stocks : Redback Networks, Inc. (RBAK)

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To: Peter V who wrote (793)8/13/1999 5:20:00 PM
From: Wolverine  Read Replies (1) of 1956
 
<<I'd still like to kick the s--t out of the f--king short sellers.>>

<<What are you so angry about? Somebody has to take the other side of your trade, why do you care if it is a short-seller or a long who is bailing on his position?>>

I don't think that anyone disagrees that short sellers are part of the overall market system. But they bring the wrath of longs upon themselves when they trash talk down a stock at the expense of longs. If the would show some restraint and not count their money while they were still sitting at the table, longs would be more tolerant of them.

<<Do you really think RBAK is worth a market cap of almost 5 BILLION dollars?>>

RBAK is definitely not worth $5B in market cap but all the traditional stock valuation theories are out the door when it comes to internet related stocks. This is a case, in the short-term, of where the trend is your friend.
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