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

To: im a survivor who wrote (1934)	3/22/2003 12:57:13 PM
From: james-rockford	Read Replies (1) \| Respond to of 1956

Long term who knows, but this stock is a nice Trade Range play. This is my favorite trading stock. Its been going from .56 to .63-.64 consistently. I know their long term debt isn't due till 2007, and that they make their debt payments on April 1st, and October 1st, but I made some notes (10Q or 8K forget which) that states "the restructuring on their debt will in complete in 2 or 3 months," and that it will add to share dilution. So my take on RBAK is don't put money into it that you can't afford to lose. I usually play it 3 or 4 thousand shares at a time. Just a small time trader trying to get by. :^)