Foundry Networks, Inc. FDRY Message Board

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Technology Stocks : Foundry Networks, Inc. FDRY

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To: $Mogul who wrote (330)	9/30/1999 7:55:00 AM
From: Techplayer	Read Replies (1) of 1225

$Mogul, Thanks for posting your thoughts in depth. It is difficult to fathom. T o randomly throw out ridiculous valuations can suck some people into devastating short term losses. Like you said, look at ATON. (They also gave back all of Monday's gains yesterday.) The difference is that ATON opened in the 40's, not 109. FDRY and Cerent are not competitors. Cerent was worth what it went for for CSCO because CSCO desperately needs to penetrate the optical market to keep growth and margins at present levels. The acquisition of Cerent was incredibly expensive but allows CSCO to better penetrate a market that is worth billions starting next year. Congratulations on your profits. Watch for Sycamore next month. Brian

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