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Profile - Redback Networks Inc. (NasdaqNM:RBAK)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Options | Reports
Recent Events
Aug 29Conference call: Redback Networks Names Kevin DeNuccio President and Chief Executive Officer
Aug 28Price hit new 52-week low ($3.85)
Location
250 Holger Way
San Jose, CA 95134
Phone: (408) 571-5000
Fax: (408) 548-3599
Email: info@redback.com
Employees (last reported count): 1,200
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Technology
 ·Industry: Communications Equipment
Company Websites
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Index Membership
 ·AMEX Internet
Ownership
·Insider and 5%+ Owners: 38%
·Over the last 6 months:
 · 7 insider sells; 608.0K shares
  (1.0% of insider shares)
·Institutional: 50% (80% of float)
(456 institutions)
·Net Inst. Selling: 1.78M shares (+2.40%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Redback Networks Inc. is a provider of advanced networking systems that enable broadband service providers to rapidly deploy high-speed access to the Internet and corporate networks. The Company's product lines, which consist of the Subscriber Management System, the SmartEdge, and the Service Management product families, combine networking hardware and software. Together, these product families are designed to enable its customers to create end-to-end regional and national networks that support major broadband access technologies, as well as the new services that these high-speed connections support.
More from Market Guide: Expanded Business Description

Financial Summary
Redback Networks is a provider of advanced networking systems that enable carriers, cable operators and service providers to rapidly deploy high-speed broadband access to the Internet and corporate networks. For the six months ended 6/30/01, revenues increased 81% to $150.4 million. Net loss totaled $860.6 million, up from $371.9 million. Results reflect increased unit sales of the SMS 1000 and SMS 1800, offset by a higher amortization of intangible assets charge.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Pay

Pierre Lamond, 70
Chairman
--  
Kevin DeNuccio, 42
Pres, CEO
--  
Dennis Wolf, 48
CFO, Sr. VP-Fin. and Admin.
--  
Gaurav Garg, 35
Sr. VP of Product Management, Director
$170K
Lars Rabbe, 51
Sr. VP of Information Technology, CIO
--  
Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:RBAKAs of 31-Aug-2001
Price and Volume
52-Week Low
on 28-Aug-2001
$3.85 
Recent Price$4.08 
52-Week High
on 29-Sep-2000
$171.125
Beta3.41 
Daily Volume (3-month avg)4.66M
Daily Volume (10-day avg)3.61M
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y]
52-Week Change-97.3%
52-Week Change
relative to S&P500
-96.3%
Share-Related Items
Market Capitalization$627.8M
Shares Outstanding153.9M
Float95.4M
Dividends & Splits
Annual Dividendnone 
Last Split: 2 for 1 on 4-Apr-2000
Per-Share Data
Book Value (mrq)$21.73 
Earnings (ttm)-$11.15 
Earnings (mrq)-$3.26 
Sales (ttm)$2.59 
Cash (mrq)$2.04 
Valuation Ratios
Price/Book (mrq)0.19 
Price/EarningsN/A 
Price/Sales (ttm)1.58 
Income Statements
Sales (ttm)$345.5M
EBITDA (ttm)-$197.0M
Income available to common (ttm)-$1.50B
Profitability
Profit MarginN/A 
Operating MarginN/A 
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-32.50%
Return on Equity (ttm)-37.72%
Financial Strength
Current Ratio (mrq)2.60 
Debt/Equity (mrq)0.15 
Total Cash (mrq)$314.0M
Short Interest
As of 8-Aug-2001
Shares Short2.44M
Percent of Float2.6%
Shares Short
(Prior Month)
7.56M
Short Ratio0.79 
Daily Volume3.08M
See Profile Help for a description of each item above;   K = thousands;   M = millions;   B = billions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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