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Technology Stocks : Riverstone Networks (RSTN) -- Ignore unavailable to you. Want to Upgrade?


To: sharesighted who wrote (21)2/22/2001 5:03:13 PM
From: Nick Zaharias  Read Replies (1) | Respond to of 290
 
Go back and read my post. I did not say that Extreme was necessarily a good deal. I was merely pointing out that on a relative basis riverstone is tremendously overpriced. Again, extreme may be overpriced, but rstn is by my definition tremendously overpriced.

As far as wall street valuation models are concerned, I tend to think that the average investor who does their own research can come up with a valuation level that is much more objective than banks like MSDW who are staffed by a bunch of biz school punks who don't know shit from shineola.

Sorry if you took offense to my posting.

Nick