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Technology Stocks : Redback Networks, Inc. (RBAK)
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To: Kailash who wrote (1677)6/1/2001 11:30:52 AM
From: Winston Lee   of 1956
 
JNPR wanted RBAK a few months ago. RBAK was trading low 30s when the negotiations got hot and heavy, so JNPR probably offered around $40/share. What scuttled the deal was that JNPR's stock price fell when rumors of this impending deal got out.

Agree with MS's assessment of potential 75% upside and 15% downside. If SMS has no future (as some are claiming), why would JNPR want RBAK?
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