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To: Dale Baker who wrote (30825)	8/17/2002 3:13:30 AM
From: Dale Baker	Read Replies (1) of 118717

Riverstone shares jump on improved outlook SAN FRANCISCO, Aug 16 (Reuters) - Shares of Riverstone Networks Inc. (NasdaqNM:RSTN - News) jumped 30.6 percent on Friday as investors jumped on what they saw could be an undervalued stock and concerns eased over the sales outlook for the communications network gear it makes, analysts said. Shares of Riverstone gained 26 cents to close at $1.11 on the Nasdaq. Goldman Sachs in a research note said the battered stock at its Thursday closing price of 85 cents traded well below its net cash value of $1.92 per share. Riverstone shares hit an all-time low of 73 cents a share this week. NOTE - some observers aren't including RSTN's $166m in marketable long-term securities, they are truly stinking cash-rich for a small company.

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