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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (11820)	7/3/2003 10:25:05 PM
From: Puck	Read Replies (1) \| Respond to of 19428

He had a regular column at Bloomberg back in 2000 and before. I lost track of him when he left them.

To: RockyBalboa who wrote (11820)	7/4/2003 6:43:06 PM
From: TeamTi	Read Replies (5) \| Respond to of 19428

dickheads. I thought they might ramp before their loss report lightreading.com Redback Sneaks Out Gloomy Forecast -------------------------------------------------------------------------------- It's an old trick that fools no-one anymore. Firms that put out a press release about financial or legal affairs at the last minute before a public holiday might just as well broadcast an email to the world saying: "Here's some news we hope you don't see." So it was that Redback Networks Inc. (Nasdaq: RBAK - message board) issued a press release about its projected second quarter revenues at 18:40 Eastern time (15:40 Pacific) on Thursday, (see Redback Forecasts Q2 ). The vendor is projecting revenues of just $22 million for its latest three-month period (ended 30 June), down from $29.5 million in the first quarter (see Redback Reports $24.9M Loss ). According to figures from Thomson First Call, analysts had, on average, been expecting second quarter revenues of $30.7 million. Redback, of course, was not available for comment today. How (in)convenient. Redback's share price fell by 3 cents on Thursday, to close at 91 cents. Of course, the market had closed before the press release hit the wires, so it could be a stock to watch when the market opens again Monday. Redback's is capitalized at $166.4 million, and has a 52-week high of $2.00, and a low of 24 cents. Its revenues for the whole of 2002 were $125.6 million (see Redback Trims Losses, CFO ). — Ray Le Maistre, International Editor, Boardwatch