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Non-Tech : Invest / LTD
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To: The Ox who wrote (14224)2/9/2001 3:12:06 PM
From: SJS  Read Replies (2) of 14427
 
Mike,

I've personally soured on SCMR. I sold in the 90's. New lows each day, and it's still overvalued.
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05-Feb-01 10:00 -- 11:00 ET
Sycamore Ntwks (SCMR) 29 1/4 unch: W.R. Hambrecht initiates coverage with a MKT NEUTRAL rating -- hard to justify current valuations even with the shares near annual lows in the absence of broad adoption of the Company's architectural vision by major carriers or clear market leadership in key product segments.

01-Feb-01 10:00 -- 11:00 ET
Sycamore Ntwks (SCMR) 32 5/8 -2 5/8: Wit SoundView downgrades to BUY from STRONG BUY; says SCMR's product portfolio looks promising, but firm has growing concerns about the power of incumbancy in a tough economic environment, the risks associated with customer concentration, and the challenges of executing on a broad number of product fronts; firm will return to stock when sees clearer signals that economic clouds have passed.
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