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: The Phoenix who wrote (755)	10/26/1999 4:00:00 PM
From: Smart Investor	Read Replies (1) of 2249

This stock is heavily manipulated. If somebody got thousands of shares at the IPO price of 38, it will be easy for him or her to buy a few hundreds shares at an insane price of 200 or 210 to support the price and suck in the momentum player. I think that is what they are doing now by pushing it to the 209 level in a few minutes. The intelligent thing to do is to ignore their gimmick, and do not get sucked in. On the contrary, it will good to sell when they push it higher.

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