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Technology Stocks : Redback Networks, Inc. (RBAK)
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To: Wizard who wrote (1125)9/21/1999 10:08:00 PM
From: J.Y. Wang  Read Replies (1) of 1956
 
I don't necessarily doubt that RBAK is a great company. However, the stock price has gotten ahead of the company.

Porsche makes great cars. But would you pay $400,000 for a 911?

There is always a point at which the price for a great company/car/home/whatever gets outrageous. And that's if we accept the premise that RBAK is a "great company".
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