Redback Networks, Inc. (RBAK) Message Board

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Technology Stocks : Redback Networks, Inc. (RBAK)

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To: Adam Nash who wrote (1697)	7/12/2001 1:53:34 PM
From: Dave	of 1956

Adam, However, they really shouldn't have to [borrow additional funds] at this point. While I tend to agree, RBAK has a little over 300M in cash on hand right now. Either they start generating cash operationally (which I tend to think the odds of that happening are close to nil) or they borrow (which I doubt many creditors are willing to loan, or loan at somewhat decent terms). Therefore, if the economy (or RBAK for that matter) doesn't turn around, RBAK is going to run out of cash in 9 months to a year from now. RBAK must look at various ways to cut costs and cut costs drastically. With regards to LU-ALA, I was under the impression that Lucent was agreeable with the price, but Lucent MGMT was not agreeable to the "control" issues. It would've been interesting to see if the EU would approve that merger in light of GE-HON <ggg>... Yes, I do believe there are shareholder suits. Personally, I believe that most suits really don't help either the current shareholders or the company. HOwever, if Lucent does chapter out and shareholders file suit, I believe that all Lucent MGMT should be tarred and feathered....

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