Sycamore Networks Inc-(SCMR) Message Board

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Technology Stocks : Sycamore Networks Inc-(SCMR)

SCMR 0.226

0.0%

Nov 30 4:00 PM EST

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To: gao seng who wrote (1982)	3/31/2001 1:12:05 PM
From: GraceZ	Read Replies (1) of 2249

You can't trust Thompson's, but my analysis supports the fact that institutions were selling last week in the optical sector. members.home.net Then click on CIEN, SCMR, CORV or NUFO in the upper right hand frame to view each chart. On CIEN you can see that around 18565 (scroll the chart up to see the numbers) the green line starts down seriously and this effects the over-all money flow line (blue) and the price (black), this is blocks selling (10,000 shares or greater). The ever faithful public OTOH is buying through the whole series (white line). There is a similar configuration for SCMR. The good news in SCMR is that the price hasn't moved down as much as you'd expect it to considering how much the money flow has been out, which may indicate it is approaching sold out. On CORV you can see the public isn't as faithful and the blocks have been net out for some time. NUFO is showing signs of block buying, but the money flow is negative (most likely from selling in the middle group that isn't shown on this chart 1000 -9999 shares) We shall see next week whether these guys come rushing back in now that the quarter is over.

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