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


To: nautstock who wrote (1473)8/22/2000 1:34:55 PM
From: Geoff Altman  Read Replies (1) | Respond to of 1956
 
I haven't been following RBAK but I'm interested why you thought that there would be such a drop yesterday. Good call BTW.



To: nautstock who wrote (1473)8/22/2000 2:17:44 PM
From: Bruce Brown  Respond to of 1956
 
You posted several hours after the market had closed on Monday according to the time of your post at SI (Monday, Aug 21, 2000  7:37 PM ET).

Message 14250785

At the moment, Redback is up 2 and change.

Was i wrong?

Depends on how you define the time of your post and what you consider a falling rock to be. I don't get too excited about a $10 - $25 price swing. Falling rocks to me would be the scenario Redback went through earlier this year which allowed me to lower my cost basis to the point that I have quite a gain now.

BB