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


To: Adam Nash who wrote (1692)7/12/2001 6:59:42 AM
From: Dave  Read Replies (1) | Respond to of 1956
 
Adam,

If I knew that answer, why would I post it? <gggg>

I was under the impression that Redback is in a market "niche" where it faces little competition.

I do not believe that Redback will stay independent because:

- They have no CEO,
- They have a high cash burn rate, and
- This economy just plain sucks.

In order for redback to prosper in the future, they must either sell more product (at a profit of course) or they will go under

those are just brilliant statements of the obvious...



To: Adam Nash who wrote (1692)7/12/2001 9:41:24 AM
From: Dave  Respond to of 1956
 
Adam,

I saw something from SG Cowen which stated that their products SMS was -30% QoQ and SmartEdge was -45% QoQ.

I don't have a CF statement in front of me, however, their cash position declined by a tad more than 120M to end the quarter with approximately 314M....