Zacks.com Announces That Bill Martin and Matt Ragas Highlight the Following Stock: Redback Networks.CHICAGO -- Bill Martin and Matt Ragas, editors of FindProfit, believe Redback Networks Redback Networks is a telecommunications equipment company. History Redback Networks was founded in August, 1996. Redback is an ERICSSON subsidiary since the beginning of 2007 (was previously traded on NASDAQ under the symbol RBAK). (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :RBAK RBAK Redback Networks Inc. (stock abbreviation, AMEX) rBAK Remote Backup ) could come into its own this year. Read their analysis below. Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84 Highlights from the May 18th Featured Expert column by Bill Martin and Matt Ragas include: With operating momentum building, Bill Martin and Matt Ragas are picking away at more RBAK on this recent weakness. The pair recently purchased 580 shares of Redback Networks. Why Buy More Redback Networks? At RBAK`s current price, the stock is now trading around the same levels as where it opened the year, even though RBAK has since announced better than expected Q1 results, offered an upbeat outlook, and announced the important BLS See Bureau of Labor Statistics. deal. Bill and Matt believe the company has made it through the most difficult part of its transition from its legacy SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. products to its new SmartEdge products, but like any small to mid sized equipment player, ``lumpiness`` in the timing of orders remains a risk. This nailed RBAK last October. This being said, Bill and Matt believe RBAK`s visibility has improved and they would note that RBAK`s SmartEdge line taps into TriplePlay (voice, data, and video) CapEx spending by the carriers, which is fast growing and in part a competitive response to the cable operators. They still believe that RBAK is poised to come into its own this year, and with a little luck, this could turn into a high single digit stock over the coming quarters. In terms of potential short-term catalysts, Bill and Matt think they could be poised for a series of product upgrade and new customer announcements (it sounds like RBAK picked up some business from BT`s next generation network buildout The construction and implementation of a system. For example, "network buildout" implies constructing the network and going online. ). The company will be at a conference in Asia at the end of the month and at SuperComm in the early part of June. Get Bill Martin and Matt Ragas' complete analysis of Redback Networks by clicking: http://at.zacks.com/?id=85 About Zacks Featured Experts Successful investing requires professional advice from knowledgeable experts who can help investors achieve their financial goals in good markets and improve their portfolios, especially in bad ones. That is why Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. has assembled the best investment experts in the business to offer their powerful advisory newsletters on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc. Additional recommendations from Zacks.com Featured Experts are highlighted in the free investment newsletter, Profit from the Pros. Each issue highlights several Featured Experts in this free e-mail See Internet e-mail service. newsletter. Register for a free subscription to "Profit from the Pros" at: http://at.zacks.com/?id=86 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 to compile To translate a program written in a high-level programming language into machine language. See compiler. , analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind Zacks work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. The goal is to unlock these pros' profitable insights for individual investors hard-pressed to find this valuable information in one source. A free subscription to "Profit from the Pros" weekly e-mail newsletter provides the best way to use these experts' insights for more profitable investing. Register now for a free subscription to the Profit from the Pros newsletter at http://at.zacks.com/?id=87 Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Disclaimer (networking) disclaimer - Statement ritually appended to many Usenet postings (sometimes automatically, by the posting software) reiterating the fact (which should be obvious, but is easily forgotten) that the article reflects its author's opinions and not necessarily those of the : Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy or sell any security. |
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