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: Adam Nash who wrote (1993)	4/4/2001 12:24:34 AM
From: Daniel G. DeBusschere	Read Replies (1) of 2249

$3.57 of the $6.00 is pure cash- The debt/equity ratio is Zero - no debt. There may be some good will but I will have to disect the last balance sheet to find out. The net is that this company has the financial strength to ride out the storm without further dilution, and has an executive management team that is experienced in selling to the service provider survivors (i.e. the big boys). SCMR has some very competitive products which are catching up on CIEN and I believe they can get some significant crumbs from the big boys who buy on relationships. If this is not the case then the ball game is over, but I am betting on Desh and Dan and the rest of the team who have done it before. Lehman in their downgrade today missed this assessment in my opinion and was overly influenced by the Redback preannouncement and simply panicked. For example, if Desh cannot find some US buyers short term he will sell to India just like he did a couple of weeks ago. Alcatel and some of the other off shore telecom equipment players could help their product portfolio immensely by acquiring SCMR.

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