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Technology Stocks : Redback Networks, Inc. (RBAK)

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To: William F. Wager, Jr. who started this subject11/6/2000 6:28:56 PM
From: player203  Read Replies (1) of 1956
 
This stock is very undervalued now. It just posted profit in earning this quarter. We surely know that CSCO earning beated the Street. RBAK's business is focus on bandwidth in Network. It gains more market share quarter by quarter.

The technical trading for RBAK will be over. i.e The middle of Bollinger Band (121) will be broken by market move. It did form a bottom. Please look at the trading in April.
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