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Technology Stocks : Redback Networks, Inc. (RBAK)
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To: $Mogul who wrote (1510)11/3/2000 9:42:58 AM
From: Gordon Owen   of 1956
 
Only "overvalued" if you look at PE which, since they've just turned profitable, is meaningless. If they'd turned profitable a week or so earlier, it would look a lot better. If they'd turned the corner a week later, it would look worse. if they hadn't turned the corner yet, it would be non-existant. So what? All that counts here is people, products, and prospects. All three are outstanding.

Gordon
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