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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: Director who wrote (697)10/24/1999 8:28:00 PM
From: Gustaf  Read Replies (1) of 2249
 
290, 310 by next Friday ? Sure, why not.

My point is not to hype Sycamore here, but imo,
shorting SCMR on weakness Monday morning could turn out to be wrong
and very costly. Short at 150 ? What are you gonna do if
Sycamore is 290 by next Friday ? Game over.

I know that GE and IBM wont go up 100 points in a week;
But Sycamore ? Anybody's guess.

Does not make sense to go short such a monster.
There are weaker stocks to bet against.

Just my 2 cents

Gustaf
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