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Technology Stocks : Redback Networks, Inc. (RBAK)
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To: pass pass who wrote (1624)2/21/2001 11:49:41 AM
From: Bo Le  Read Replies (1) of 1956
 
If you do projection only based on p/s or p/e, you should value RBAK even lower than $15. My $15 price for RBAK by May 2001 has taken some investor "mania" on RBAK into account.

I would think SCMR is much better gamble than RBAK if you are willing to loss 50% - 75% your money for a possible 25% - 50% gain in next 3 month.

Why waste money on RBAK if you have good chance to buy SUNW at $10, CSCO at $15, .... in next few month.

My two cents.

Bo
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