Redback Networks, Inc. (RBAK) Message Board

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Technology Stocks : Redback Networks, Inc. (RBAK)

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To: Tom Hua who wrote (1124)	9/21/1999 7:31:00 PM
From: Wizard	Read Replies (3) of 1956

RBAK is going to grow revenues 5x this year and probably 3x+ next year. The company is selling a great product into two enormous markets. You guys are worried about VC's?? That is one short-term issue and institutional investors are eating up everything these guys sell. Do you not understand that Janus, Putnam, Fidelity et al have a lot more money than the VC's?? Some great companies are passed from VC's to institutions, its a fact. It doesn't change the fact that the best technology companies generate enormous wealth for whoever owns 'em, whether its Sequoia Capital or the state of Louisiana Retirement plan. RBAK is one of the most promising stories you will find. I'm long and a long-term buyer on any extended weakness.

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