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To: Ron Dior who wrote (20298)4/12/2000 4:27:00 PM
From: cmg  Read Replies (3) | Respond to of 42804
 
my only green AMES....up over 2 today



To: Ron Dior who wrote (20298)4/12/2000 4:28:00 PM
From: signist  Respond to of 42804
 
OT.... alittle (COMTEX) B: Redback Networks Inc. Announces Record First Quarter Revenue and Earnings

SUNNYVALE, Calif., Apr 12, 2000 (BUSINESS WIRE) -- Q1 2000 Net Revenues of
$34.2 Million Provide 424 Percent Growth Over Q1 1999; Q1 Pro Forma Diluted Net
Income Per Share of $0.05 On a


Post-Split Basis

Redback Networks Inc., (NASDAQ: RBAK), a leading provider of advanced networking
solutions, today reported record results for the quarter ended March 31, 2000.

Net revenues for the first quarter of 2000 were $34.2 million, compared with
$6.5 million for the same period in the prior year, an increase of 424 percent.
Pro forma diluted net income for the first quarter of 2000 was $5.6 million or
$0.05 per share after giving effect to the Company's two-for-one stock split
effective April 3, 2000, and excluding acquisition-related and stock
compensation charges and the research and development expense related to Siara
Systems' operations. This compares to the first quarter of 1999 pro forma net