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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: The Phoenix who wrote (623)	10/23/1999 5:04:00 AM
From: Drake	Read Replies (3) of 2249

Gary, I agree -- how can an IPO of $30+ be worth $184 at the close of its first day? If the underwriters, and the company itself, thought it was worth $184, wouldn't they have done the initial offering at a higher price? This IPO thing has gotten "out of hand" and definitely needs further regulation, imo. That said, I wish everyone well who owns SCMR. dc

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