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

To: Elroy who wrote (273)	8/6/2002 3:40:38 PM
From: The Ox	Read Replies (2) \| Respond to of 290

This sector is still in deep trouble. My guess is as good as yours, I would imagine. Probably a few years before demand ramps back up. NT is a buck a share, too. If they are going to burn cash every quarter until their end market turns, it's going to be a long wait but one that might be well worth it. Sure, cash is greater than the stock price but it's only about $2/share at the moment and it will continue to fall during the next few tough quarters. A share buyback could end up spending cash that they might need in a year or 2.