Market Gems-Trading Strong Earnings Growth and Momentum Message Board

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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: Jenna who started this subject	3/2/2001 2:51:43 PM
From: maverick61	Read Replies (1) of 6445

14:38 ET Redback Ntwrks (RBAK) 28 13/32 -3 5/32 (-10%): LightReading reports that Juniper (JNPR) was close to sealing a deal to acquire Redback, until the former's stock price collapsed. Juniper said to have an extended an offer to Redback on Monday, following extensive talks, only to have the deal fall apart after JNPR shares tumbled. Sides may resume talks in a few weeks... Site also reports that Nokia (NOK) has been kicking the tires at RBAK, as well, but has not made an offer. FYI Dave - I know you have mentioned RBAK before - per Briefing.com

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