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

To: im a survivor who wrote (1894)1/11/2003 10:43:14 AM
From: Rock_nj  Read Replies (1) | Respond to of 1956
 
We shall see. Earnings and possibly more contract news and debt restructuring on Wednesday could propell RBAK towards $2.00. RBAK might become the Wall Street darling stock next week. Huge volumes and huge moves as traders and momo take over.



To: im a survivor who wrote (1894)1/11/2003 2:43:02 PM
From: StormRider  Read Replies (2) | Respond to of 1956
 
Can this "speculative" play make it back above $2?

yes, i believe!!! as long as redback doesn't disapoint on wednesday and gives positive guidance, then it's off to the races!! especially if the market is strong and the large short positions start covering...

also, let's not forget the nokia factor. don't they have the option to purchase a large stake at the end of the month??


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