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Technology Stocks : Redback Networks, Inc. (RBAK)

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To: ahhaha who wrote (1650)5/21/2001 1:08:21 PM
From: CJ   of 1956
 
<<I am the source.>>LOLOL - and the truth, and the light?..

Seriously, your reply comments are well-taken {espec'ly about the "rate of change" re: orders {which are real -- as reported by the buyers, not solely by RBAK :) }. Anyone reading this needs to always factor that. You quite remind me of my admonition warnings a few yrs. ago re: [the $.05 sh bk. value] TUTS pre & post ipo {which fell on deaf ears to those who didn't want to hear}.

At this point, we're using RBAK purely as a trading stock; but, for my personal policy, I don't want to risk having to hold something in which I don't have faith for the future. On the first subsurface level, RBAK appears to be well-managed, and making productive moves, administratively and technologically. While I do not agree with what you initially wrote as any N/T prognosis for RBAK, based on your comments, will research further.
Thanks.
.
<<
Try telling Q, WCG & all the other Co's. who are awarding contracts to RBAK.
What is the rate of change of such hypothesized orders?

Oh, how foolish of me, perhaps you believe Q is a Chap. 11 candidate, too.

Correct. It is a close call but they should make it because they're too big to fail, but they will have a major struggle in front of them.

Our insider trading sites must be outdated. Kindly refer us to a site showing the insider & institutional selling you stated.

I am the source.

Customary, impt. caution: As ALWAYS, do your own DD, examine your own objectives, and make your own decisions.

This is what you haven't done, but even if you did, you'd run into a brick wall of silence. The company can't divulge what is happening now so you won't be finding out anything but what they prefer you to believe. They're doing this hoping things will change. The problem is that even if things improved, they have lost out to alternatives and competitors. They can't just grow revenues at 10% and hope to survive.

The institutions are selling into public speculation. This isn't unique to this company's stock. It's happening across the board. The nominal price strength is being created by the public speculation and being used by the prudent to distribute.
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