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Technology Stocks : Nortel Networks (NT)

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To: RetiredNow who wrote (5314)4/15/2000 12:23:00 PM
From: telecomguy  Read Replies (2) of 14638
 
What about Sycamore? Very respected company who's valuation has plummeted recently as everyone knows.

Didn't they raie 1.5 billion recently? Add that to their existing cash of $300Mill + and you all of a sudden SCMR is not looking too bad for long-term rebound.

2 billion in cash with great technology(optics routing control/mgmt. sofware) and good mgmt. from what i can tell.

What did they IPO at? Not that it is relevant anymore since the company is hardly the same company with the cash & the contract & the R&D they've poured into their product.

Seems this is one of the "babies that have been thrown out with the proverbial water"?
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