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Strategies & Market Trends : LindyBill's Ballroom

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To: LindyBill who wrote (190)10/29/2001 11:36:30 AM
From: stockman_scott  Read Replies (1) of 248
 
I added to my RBAK position this morning at $4.20/share...

IMO, RBAK has incredible UPside and is still in a very oversold condition....this firm has bounced off its lows nicely, has a new management team from Cisco, and is delivering some great technology to the market...

siliconinvestor.com

I have a hunch that RBAK could be bought out or hit double digits ($10+) before the end of December. We should continue to see short covering and increasing institutional interest. The company has conf. calls later today.

* The above are just my views...RBAK is still a risky investment (yet, its my largest) and limits should be used.

Regards,

Scott

BTW, I also like BEAS, BRCD, EMLX and QLGC.
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