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Technology Stocks : Redback Networks, Inc. (RBAK)

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To: Wizard who wrote (1169)10/12/1999 12:56:00 PM
From: Paul A   of 1956
 
THat was a great post.. I still cant take these valuations seriously tho.. Than again, keep in mind that even DELL, CSCO, LU are too pricey for my liking :)

I sold my long position at 155 11/16 this morning, and within 2 minutes it was sitting at 145.. Simply insane to play these stocks long/short, but I keep coming back now don't I???

The volume has died, but still holding onto all her gains.. Im going to watch how the market winds down at the close, and if we hold 150 Ill probably take a small small small long position into tomorrow.

This is anyones guess at this point.. and when I say small position, I cant even post it without being embarrassed!

Good luck to everyone, long/short..
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