Redback Networks, Inc. (RBAK) Message Board

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Technology Stocks : Redback Networks, Inc. (RBAK)

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To: Lucky888 who wrote (43)	6/2/1999 12:29:00 AM
From: coachbobknight	Read Replies (2) of 1956

Lucky...MMs know that level II is commonplace now...they have to use diversionary tactics...i.e. selling thru inca, island and other ECNs...this is routine for them now...the game has gotten much harder for them and they have been forced to adapt...nite, for one, has adapted extremely well...they use the ECNs all the time... there is a smell test that helps...ask yourself when you see msco @ 100 if you think a MM would last very long on the desk if he got stuck with some 100 dollar rbak paper...not a chance...MMs hate to carry inventory, let alone 100 dollar internet ipo paper... hope this helps...

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