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


To: $Mogul who wrote (1528)11/9/2000 8:05:42 PM
From: tinkershaw  Respond to of 1956
 
Mogul, my man, the stock also sank to the $50s in March and then climbed to the $150s. Where exactly do you think it should be priced. Unlike you I just try to buy during corrections and hold LTBH making trades where opportunity presents itself. The key is, what time frame are you talking about, the next 3 days? What happens when this election gets decided, RBAK still going to crash?

In the end, your style is trading and charting, mine is buying on dips and holding LTBH until I find a better opportunity. I'll put my results up against anybody. But your valuation criteria are bogus, pure and simple. Why don't you give us an exact price that this stock is worth? What is your 10 year DCF, or whatever metric. I'm not real concerned with what a chart says.

Tinker