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Technology Stocks : Redback Networks, Inc. (RBAK)
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To: PLeaps who wrote (1386)3/8/2000 8:23:00 PM
From: William F. Wager, Jr.   of 1956
 
PR on split...

The Company also announced that its Board of Directors has
approved a two-for-one split of the Company's outstanding shares
of common stock. The stock split will be effected in the form of a
stock dividend and will entitle each stockholder of record at the
close of business on March 20, 2000 to receive one share for every
outstanding share of common stock held on the record date. The
stock dividend will be distributed on April 3, 2000. Redback
Networks Common Stock will begin trading on a split-adjusted basis
on April 4, 2000.
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