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Technology Stocks : Redback Networks, Inc. (RBAK)
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To: Bald Man from Mars who wrote (1426)5/9/2000 1:11:00 AM
From: James B. Ditsworth  Read Replies (1) of 1956
 
The reasons that I can come up with for RBAK's recent weakness are:

1) Rumor has it that the Soros fund has been selling their RBAK position.
2) General market & tech stock weakness.
3) Low volume.
4) A perception on the part of some that the Cisco purchase of Arrowpoint will allow Cisco to compete directly with Redback. This, I believe, is quite erroneous.

Another day, another trading opportunity? RBAK looks like a terrific buy at this level.
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