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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (16009)4/12/2001 11:43:28 AM
From: Sharck  Respond to of 37746
 
Mars can you post that latest news on RUMOR hitting the wire now, thanks much



To: 2MAR$ who wrote (16009)4/12/2001 11:49:58 AM
From: Softechie  Respond to of 37746
 
What a joke! Redback Ntwrks (RBAK) 17.47 +1.63 (+10.3%): -- Update -- Rallies sharply off 14.90 low on trading floor rumors that Cisco (CSCO) will make a bid for the company; would note that rumor makes very little sense, as CSCO already has competitive products to RBAK's SMS product line, and Cisco's Cerent division was spun off from the same company as Redback's Siara division. In short, Redback doesn't have any technology that Cisco needs, making an acquisition highly unlikely.