Redback Networks, Inc. (RBAK) Message Board

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Technology Stocks : Redback Networks, Inc. (RBAK)

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To: jmanvegas who wrote (1136)	9/24/1999 8:59:00 PM
From: Paul A	Read Replies (1) of 1956

yeah but keep in mind, these shorts ARE professionals.. They have a reason to be here, and its pretty much as simple as valuation and unwarranted speculation in their opinion... We are paying a huge premium to purchase RBAK stock.. but I am tired of fighting stocks like YHOO, AMZN, or the JNPR, BRCM types.. Ill stick to shorting the trash like CUST where there is just no doubt.. Tom, do you currently have a short in RBAK or just waiting for a better price? Would be interested if your sharing the info.. Once again I'm long.. I covered at break even the last trip at 107, and now I'm taking one last crack at her on the long side.. This is a bad weekend hold too.. argh.. barrons could kill em, or make it breakout.. pure gamble this stock right now.. Interesting that the lockup fear didnt kill it, considering the damage it had done with others.. hmm

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