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

To: SteveG who wrote (15)	5/19/1999 11:04:00 AM
From: William F. Wager, Jr.	Respond to of 1956

Redback's products allow providers of broadband Internet access to manage large number of subscribers -- up to 4,000 for its flagship SMS 1000 product. "It's a unique product," said Jennifer McBrien, analyst at Renaissance Capital, which manages the IPO Fund. "Copper Mountain [another recent IPO] makes access concentrators, but so do a lot of people." Most of the company's earliest customers have been telecommunication companies offering a technology called digital subscriber line, which increases the amount of data that can be sent via traditional copper phone wire. But Redback says its technology can also be used for high-speed Net access via cable and satellite. "There have not been very significant sales in cable and wireless. But that is definitely an area they want to get into," McBrien said. Many of this year's hottest deals have been involved in digital subscriber line technology, including Covad Communications, NorthPoint Communications, Rhythms NetConnections and Copper Mountain (CMTN: news, msgs). CBS Marketwatch --Bill