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Technology Stocks : Redback Networks, Inc. (RBAK)
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To: Wizard who wrote (1190)10/13/1999 6:16:00 PM
From: Paul A   of 1956
 
Yup.. I hate to agree with a long, since like I said- I primarily sell short but this will be added to my list of longs come tomorrow morning. The numbers were fantastic and quite frankly I really respect the way they released the news of the lockup period/Monday.

Ill be fishing for 115-120 at the open.. Doubt Ill get it, but will try. Downside is a break below 100 which I highly doubt will happen.

Good luck to all.. This has been one profitable little stock for me both long and short. Funny seeing the sell at 155 11/16 on my account yesterday.. I was going to move into a short position but chickened out. Oh well.. Ill be here for the next ride to resistance at 150.. and the game goes on and on and on..

oh and incidently.. as A shortseller I wanted to take a second to 'spit' at people who are yapping their traps both here and on yahoo with messages like 'hahaha!'.. This stock has been very difficult to make money shorting, and if you were foolish enough to hold ANY position into this report it was nothing but luck that you walked away ahead. The real game gets played when we settle around 115-120 on Friday. Than lets start making calls and laughing, but lets try and show some respect. Anyone short this stock into the close today was given a gift, and call it skill if you like but it was nothing more than luck.

Ok Tom- lets here it! Whats your downside prediction, and am I really off base with my thoughts of going long tomorrow? I also bought some CPQ at 22 today.. I havnt a clue what this market is going to do next..
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