Redback Networks, Inc. (RBAK) Message Board

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Technology Stocks : Redback Networks, Inc. (RBAK)

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To: Winston Lee who wrote (1676)	6/1/2001 9:42:44 AM
From: Kailash	Read Replies (2) of 1956

Rumors, rumors -- any news to justify this delicious pop? May 30, 2001 (BUSINESS WIRE) -- Analyst Matt Hougan of MetaMarkets.com says now that Lucent is out of the picture, Redback Networks could be next for Alcatel. For the complete streaming video story users should access on24.com Nortel wins, losses seen in dead Alcatel-Lucent deal By Susan Taylor OTTAWA, May 30 (Reuters) "If I were Nortel I'd be wondering what does Alcatel go for next that could strengthen their position," Kedersha [analyst at Adams, Harkness & Hill] said. "I think Redback makes a lot of sense for them." Redback Networks Inc.'s (RBAK) chief executive recently resigned from the Internet infrastructure supplier, amid a series of management shuffles and 12 percent staff cuts. The interim CEO has denied persistent rumors the company is a takeover target, saying Redback in not for sale. Kailash

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