Riverbed Technology, Inc. Message Board
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Any news causing the sudden upside?
Thanks
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Just getting home and looking over the general market.
A couple of good speculative posts on the reason for RVBDs rise. CSCO earnings most likely have a slight influence .CSCO has been pulling itself out of the mud and I hear that some are expecting good results for CSCO. Will that be a good thing for the entire sector or will it indicate that they are gaining some new ground? Time will tell.
RVBD has been so washed out that I think once it gained its footing , people are interested in it again . Of course, that means we attracted the usual momo players and flippers ------
Interesting note : Market is under huge selling pressure and RVBD has managed to keep above 34 (so far).- 1 Reply to minxmrphd
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I agree that RVBD has risen sympathetic to CSCO, and will do well if it has improved guidance tonight.
I think that the Microsoft/Skype deal fuels speculation of future tech buy-outs (they tend to happen in waves), and Riverbed has always been perceived by some as a possible target, however I personally like it better alone. Also this collaboration with Akamai could be quite fruitful, and that could be driving some speculative investment now.
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I strongly believe RVBD will be bought out by CSCO ...they have the best technology
- 1 Reply to tmatthews69
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CSCO reports after the bell, what better time to announce a buyout of RVBD, EMC a possibility with strong RVBD sales ties. Both have the cash & means to make it happen, has to be an elephant to swallow RVBD, won't come cheap!
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If there is they haven't deigned to tell us retail chumps.
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