View Full Version : RVBD getting hammered afterhours.
BuyOnDips
10-23-2007, 06:03 PM
Riverbed is a high flying tech stock. I've been waiting for a pull back on this stock for some time. It might be worth buying a small position after the dust settles.
http://finance.yahoo.com/q?s=RVBD
http://finance.yahoo.com/q/pr?s=RVBD
Bman409
10-24-2007, 02:17 AM
I saw that 20% haircut
I can't really figure out why, though
Looks like they slightly exceeded expectations...
Must have been something they said.
BuyOnDips
10-24-2007, 12:43 PM
Here's a link to their conference call transcript.
http://seekingalpha.com/article/51031-riverbed-technology-q3-2007-earnings-call-transcript?source=yahoo
Here's a link to their financial growth numbers.
http://moneycentral.msn.com/investor/invsub/results/hilite.asp?Symbol=rvbd
Their stock probably got ahead of itself. It was probably priced to perfection. Their growth is incredible though. And their products are top notch. I think the stock will still have a great run upwards for the next few years. I might buy a small position in the next few days/weeks and will add more if it starts to turn upwards.
Billionaire Boy
10-24-2007, 07:55 PM
Interesting, anybody else think it's a good time to get on board?
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