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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: harry-the-original who wrote (1964)3/20/2001 9:22:07 PM
From: Daniel G. DeBusschere  Read Replies (1) of 2249
 
<<any positive news on the horizon? >>
The Fed's 50 basis point decrease did not help a bit. SCMR's available market is finding it hard to find the bucks to invest in new equipment. Since the Fed did really nothing to turn around economic confidence, then SCMR's price at the close shows the end result. The good part is that SCMR still has plenty of cash and still has two guys running it who have turned sand into gold in previous efforts.
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