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Technology Stocks : Sycamore Networks Inc-(SCMR)
SCMR 0.2260.0%Nov 30 4:00 PM EST
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To: Smart Investor who wrote (541)10/22/1999 6:06:00 PM
From: Wayners  Read Replies (1) of 2249
 
By every comparison I can make to other stocks, this Sycamore is pure insanity. I thought it at $60 would be high based on comparisons with Cerent. Look at the millions of dollars per employee. We're talking 100 million dollars per employee. That's damn crazy. Its too bad the greedy market makers opened it as high as they did. Technically the stock is always going to have overhead supply. Big disservice to the company's stock.
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