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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: Boplicity who wrote (1452)8/26/2000 7:10:31 AM
From: JM  Read Replies (2) of 2249
 
Just bought in this week (at almost the peak of the week 172). Was of course very optimistic about the company's technology and future. However, with all these upgrades, and the articles questioning the valuation, the relationship with WCG,the future becomes quite clouded. The stock seemed to finish just ahead of its 10 day moving average, money flow appears on a down trend. Seems the announcement of a new large customer contract would be just the thing to revive the stock price and the unbridled optimism that had pushed the stock so high in such a short time frame. Anyone have any thoughts, short and long term?
Long and now concerned.
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