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


To: Dave who wrote (205)2/28/2002 2:01:45 PM
From: Dave  Respond to of 290
 
Another comment to make, if RSTN posts 50-54M in revenue in Q4 (which they have forecasted), Annual revenue will be in a range of 209-213M. Company has a market cap of ~460M.

P/S a little greater than 2.
Company has cash.

Another comment, was looking @ their cash and ST Investment position from Q3, cash and st investments is around 300M, however MGMT indicated that cash is ~400M

Is this a mistake or how did RSTN generate that much cash?



To: Dave who wrote (205)2/28/2002 2:09:21 PM
From: StormRider  Read Replies (1) | Respond to of 290
 
the problem with that is every tech company keeps talking about "a recovery 6 months out" for the last 18 months!