Riverstone Networks (RSTN) Message Board

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Technology Stocks : Riverstone Networks (RSTN)

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To: StormRider who wrote (208)	2/28/2002 2:16:14 PM
From: Dave	Read Replies (1) of 290

That is true. There is an "ON24" audio with this analyst who questions the 6 month recovery, yet he still has a $9 price target. With these layoffs and oher cost cutting moves, the break-even point regarding revenues comes down. While MGMT is hoping for a 6 month recovery, are they reducing costs since they do not believe it will hapen? When the stock gets closer to tangible book value and I can get a handle on cash burn, I might think about initiating a position in the company. However, if this is an "industry" problem, I'd see continuing weakness among their competitors.

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