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

To: Tom Hua who wrote (156)6/28/1999 11:31:00 AM
From: William F. Wager, Jr.  Respond to of 1956
 
<<Nobody cares!. Only 19k shares traded so far>>shareholders smell a
winner in this company (they bought a piece of it and not just a
stock) and are reluctant to part with their stake. Investors are be-
ginning to look for long-term gains (buy and hold) in infrastructure plays that aid the buildout of the Internet. That's my take on at
least one reason why volume continues to be light. Couple that with
Fed rate jitters, summer doldrums and you may see very little selling
in the short term. Maybe this is an advantage for you and the other
shorts--take your best shot!!

--Bill



To: Tom Hua who wrote (156)6/28/1999 11:33:00 AM
From: Lucky888  Respond to of 1956
 



To: Tom Hua who wrote (156)6/28/1999 1:31:00 PM
From: Peter V  Read Replies (1) | Respond to of 1956
 
If they get it up to 105 again, I may have to add to my position.


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