Redback Networks, Inc. (RBAK) Message Board

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Technology Stocks : Redback Networks, Inc. (RBAK)

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To: William F. Wager, Jr. who wrote ()	3/27/2000 8:07:00 PM
From: hueyone	of 1956

cnetinvestor.com Redback Unveils Gear for Telecommunications Networks (Update1) 3/27/00 11:10:00 AM Source: Bloomberg News Redback's new product line will help phone, cable and Internet companies handle 10 times as many simultaneous users as earlier versions. The company's shares have soared more than 27- fold since an initial stock sale in May as telecommunications service providers buy more equipment to keep pace with demand for faster online connections. Nortel Networks Corp., Siemens AG and other rivals have introduced similar products that manage more online traffic than earlier versions of Redback's equipment, Kaufman Bros. LP analyst Barry Sine said. 'Redback is now leap-frogging the leap-froggers,' Sine said. He rates the stock a 'strong buy.'

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