gwinner

Riverbed Under Pressure

Riverbed has a disruptive technology that has broader application than is currently appreciated. They win deals hands down when benchmarks are performed by customers. The macro-economic environment is a concern. However, Riverbed will continue to achieve growth rates well above average. To value them based on the PE of peers is a mistake of the current macro-economic environment. Also, for GS to announce coverage at this time with a one year target at $15 smacks of something stinky.