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11-3-2005 RBAK - Redback Networks Inc.

CURRENT PRICE: $11.00

TYPE OF PLAY: INSIDER BUYS

Yesterday evening an insider buyer filed for the purchase of 1,072,500 shares bought at $11.00 normally this wouldnt be a sole indication to buy, but the sheer size of this purchase should bring plenty of market attention. The chart is near breakout levels with little overhead supply left from this year. Redback Networks is a leading provider of next-generation broadband networking equipment that enables carriers and service providers to build third-generation broadband networks that can profitably deliver value-added broadband services to consumers and businesses.

LINKS FOR FURTHER READING:
RBAK homepage
SEC filings for RBAK
General RBAK statistics