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


To: StormRider who wrote (1909)1/16/2003 1:18:49 PM
From: im a survivor  Respond to of 1956
 
Well, the street obviously doesnt like what it see's....hard to belive she was just nipping on $1.40 and now she is back to the .80's, down 25% so far today alone.....

I thought the entire earnings report was good and bad.....some of both....at least they had a positve attitude looking forward......Wonder what NOK is thinking...I mean they bought their initial 10% stake for $2.75....wonder if they plan to take a larger stake if price stays down.......wonder if RBAK is heading back to the .20's, or will hold it's own above .75.....what did NOK see a year ago that made them want part of RBAK...at $2.75 no less....seem's like NOK would do thorough DD, which I assume they did and liked what they saw.....

Well, I'll hold mine for a few years....I guess it will be bankrupt or a huge gainer by then.....