Sycamore Networks Inc-(SCMR) Message Board

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Technology Stocks : Sycamore Networks Inc-(SCMR)

SCMR 0.226

0.0%

Nov 30 4:00 PM EST

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To: Bill who wrote (533)	10/22/1999 3:04:00 PM
From: Smart Investor	Read Replies (1) of 2249

You got to be kidding, undervalued? I can say for sure that none of these companies deserve their current valuation. How can you justify a market cap of 19 Billion with even 100 million in revenue (which is a far stretch from 25 million)? That still makes it a P/S of 190! We are not talking about earning here. None of them will earn a dime for a long time to come. Most people agree that there are something wrong with the current IPO market. One way to fix it is to increase the restriction time.

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