Redback Networks, Inc. (RBAK) Message Board

To: Kailash who wrote (1677)

6/1/2001 10:15:54 AM

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08:27 ET Redback Ntwrks (RBAK) 14.44: Morgan Stanley ups price target to $25 from $20; says that stock has discounted negative news and that positive news flow is likely with: SMS business recovering as DSL deployments continue, Smart Edge driving margins up by Q4, and increased company visibility at Supercomm next week; Morgan sees 75% upside potential vs 15% downside.