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Technology Stocks : Riverstone Networks (RSTN)
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To: Nick Zaharias who wrote (17)2/22/2001 12:29:25 AM
From: sharesighted  Read Replies (2) of 290
 
In reply to your numbers;»
Here's some approximate numbers ;

If we take EXTR:
On pace to do 336M revenue for next 6 months with 107M shares on the market @ $25,
means for every $10,000 worth of shares traded they represent $1250 in revenue and $128 in profit.

If we take RSTN:
Possible to do 60M revenue for next 6 months with 10M shares ON the market @ $14.5,
means for every $10,000 worth of shares traded they represent $4140 in revenue and $8700 in ipo cash.
They would likely turn a small profit or break even in 6 months.
I don't use all the shares because they are locked up for 6 months and don't affect the market.

As you can see beauty is in the eye of the beholder (the market).
I believe RSTN is at the bottom and will move up from here.

Next post has link to praise for RSTN by Network World Magazine.
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