Redback Networks, Inc. (RBAK) Message Board

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Technology Stocks : Redback Networks, Inc. (RBAK)

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To: Peter V who wrote (1021)	9/1/1999 2:34:00 PM
From: Bo Le	Read Replies (1) of 1956

JNPR files SPO and stock plunged 20 plus point. In my opinion, RBAK will file SPO or private placement to raise cash just like JNPR. RBAK loss increased 81% to $7.5 million for Q ending 6-30-99. If they keep the same loss increase rate, they will: loss 13.5 million in Q ending 9-30-99 loss 24.5 million in Q ending 12-31-99 loss 43.5 million in Q ending 3-31-2000 Since they only have about 60 million cash in hand, they will be out of business if (1) their loss keep increase at current rate and (2) they don't find a way to raise cash. In RBAK 10-Q, RBAK management give all kinds of warnings saying they will keep losing money. They even say they may never make money at all. Bo

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