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Technology Stocks : Redback Networks, Inc. (RBAK) -- Ignore unavailable to you. Want to Upgrade?


To: Peter V who wrote (138)6/23/1999 5:30:00 PM
From: Bo Didley  Read Replies (1) | Respond to of 1956
 
Last 10 minutes

The 2900 shares taken in at 100 and 100 1/6
show there is support at this area.

Looking at Level II:
there is 1000 shares offered at 100 1/16
then 100 shares offered at 100 1/2
then 100 shares offered at 103

Congrats on your short and cover.
Now its time to consider going long after its retracement.

iqc.com

Most of RBAK shares are held by tight hands.
This combined with a small float, means that
when RBAK starts its climb, there will be one
major short squeeze.

Watch out for pending news.

bo