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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: Bill who wrote (1648)11/30/2000 12:12:26 AM
From: Techplayer  Read Replies (1) of 2249
 
e-Bill, Getting ugly in the sector. The trouble with SCMR right now is that there are more than 270 million shares outstanding. the valuation is still extreme despite a tremendous growth rate. I picked up a few today which is going to be proven early i believe. I can't even speculate as to what fair value is. FDRY and EXTR are diving to 1/3-1/2 of the cap of SCMR with strong earnings, earnings and revenue growth and positive outlooks. CIEN and RBAK have held up better in terms of overall market values. they could really take a hit if this thing continues. GLW has remained strong by comparison...good luck.

tp
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