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


To: Jon K. who wrote (271)7/16/1999 10:19:00 AM
From: Tom Hua  Read Replies (4) | Respond to of 1956
 
Jon, the current frenzy in net equipment stock shall pass. One has to take advantage of the opportunities now to lock in those short shares. I'm waiting for it to cross 200 to add. This equipment company had sales of about $6 MM last Q, is losing money, and projected to earn 0.24/sh next year, yet a market cap exceeding $4 billion. No way it can be sustained.

Regards,

Tom



To: Jon K. who wrote (271)7/16/1999 2:59:00 PM
From: Tom Hua  Read Replies (3) | Respond to of 1956
 
Jon, your timing lately has been super. Way to go, pal!

Regards,

Tom