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Technology Stocks : Applied Micro Circuits Corp (AMCC)
AMCC 8.4500.0%Feb 3 4:00 PM EST

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To: Beltropolis Boy who wrote (1362)2/16/2001 1:11:03 PM
From: SJS  Read Replies (1) of 1805
 
Sycamore Ntwks (SCMR) 26 13/16: Salomon Smth Brny downgrades to OUTPERFORM from BUY with a $30 price target. Analyst says Ciena appears to be winning the recent battles for market share in the optical switch market. Also says has heard discouraging commentary from a number of service providers about their experiences with the Sycamore products. The Sycamore software is developing a reputation of being difficult to integrate with other vendors equipment. Sycamore is in desparate need of a meaningful contract win, yet the tough conditions may make this difficult to achieve over the next several months.
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