Redback Networks, Inc. (RBAK) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Peter V who wrote (793)	8/13/1999 6:46:00 PM
From: J.Y. Wang	Read Replies (2) of 1956

One question though. Do you really think RBAK is worth a market cap of almost 5 BILLION dollars? Revenues for the next 12 months may be about $50 million. But, say I'm off by a factor of 2, or $100 million. When will it be worth the $5 BILLION? Peter, peter, peter. You're looking at this the wrong way. The proper way to look at this is to say, "If CSCO is worth $200b, RBAK is worth at least $5b or $10b." Why the hell not? Who cares if RBAK is no CSCO? Who cares if CSCO is profitable and will have about $12b in sales this year? That's all stuff only the old folks care about. This is the brave new world of "investing" (and I use that word loosely).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next