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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: hospitalman who wrote (1183)4/1/2000 8:46:00 AM
From: Mohan Marette  Read Replies (4) of 2249
 
Ken,thanks for that very insightful article.Q3 of fiscal 2000 should be very interesting which ended yesterday, ie March 31,2000.

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'Sycamore has grown remarkably fast, considering that it reported no revenue in 1998 and reported revenue of $29 million in the 2nd quarter of the company's first fiscal year, ending January 29, 2000. Those results represent sequential quarterly growth of 49 percent over the $19.5 million reported in first fiscal quarter of 2000. The company also reported its first profit in the 2nd quarter and is on track for more than a $100-million year in fiscal 2000. You would be hard pressed to find another technology company that went from whiteboard to profitability in under 2 years..'
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About competitors:

Redherring.com: Your IPO was quite an event. Now there are now many optical networking companies -- potential competitors -- lined up to go public this year. How will things change in the optical networking market?

Dan Smith: People in the business are focused on specific parts of the market but nobody is as broadly focused as us. Everybody is claiming they are Sycamore Networks.

Desh Deshpande: The guys that go public actually have to generate revenue and ship products
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redherring.com
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