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

To: jmanvegas who wrote (1612)2/7/2001 10:41:22 AM
From: Winston Lee  Respond to of 1956
 
Thanks for the comments, jman. Agree with your comments regarding metro market - it has great potential. Strong technicals sparked my interest in RBAK ... it's done about a 50% retracement from 28 to 54 ... will support @ 40 hold, that's the big question. Will do some dd today.



To: jmanvegas who wrote (1612)2/7/2001 11:04:54 AM
From: pass pass  Read Replies (1) | Respond to of 1956
 
Here is something no one knows: Is the ongoing slowdown or recession a 2 quarter thing or will it prolong to the end of 2001? Cisco said several quarters. As I said, longer term (3 to 5 years out), this discussion is irrelevant; near term, can one pick up RBAK at 20s again? Yes, probably in March in my opinion.


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