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


To: alanrs who wrote (221)3/1/2002 8:37:04 AM
From: Dave  Read Replies (1) | Respond to of 290
 
alan, I disagree that the price of this stock implies bankruptcy. Remember, there are over 300M shares outstanding. Their revenues were light ~15M in Q4.



To: alanrs who wrote (221)3/1/2002 8:44:12 AM
From: stockman_scott  Respond to of 290
 
I bought more RSTN yesterday afternoon too...

The best time to buy is when no one wants a stock -- when there is blood in the streets. That's also the most difficult time to take action. Yet, the greatest upside may be a available...RSTN is starting to price in a worst case scenario BUT the firm still has hundreds of millions in cash and is generating significant sales. Its true that expectations in the telecom / networking sector have come down in a hurry BUT I believe that RSTN's strong metro focus will help them recover faster than some of the other firms....time will tell if I'm right....Strap in and enjoy the ride...=)