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Technology Stocks : Riverstone Networks (RSTN)
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To: stockman_scott who wrote (213)2/28/2002 6:53:14 PM
From: Robert New  Read Replies (3) of 290
 
Amazing the carnage today...I thought we'd go lower than the 7's with a possible retest of the lows but didnt expect this. Part of the reason as to why I had held off on buying is that a number of insiders filed heavily in early February.

Given the latest turn of events ill have to listen in on the call and do some homework to figure out whether or not I want to get in. Dave if you come up with a cash burn rate please post to the thread. One macro theme that still bothers me here is that we have not bottomed in the Nasdaq imo yet until we get a high volume reversal and I expect that from lower levels. That being said at current levels RSTN has to be looked at closely here.

Rob
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