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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: steve harris who wrote (2095)11/8/2001 9:58:40 PM
From: David Lawrence  Read Replies (1) of 2249
 
Yep, I got into JDSU also on 9/24 when it was around $6. No shares, just $20 Leaps expiring January 2003 and 2004. I'm taking the long view on both of these (JDSU and SCMR).

I really jumped on Ciena at $11. Went long shares and a few hundred contracts of $20 and $30 calls expiring January '03. Both have done quite well rather quickly. The $20's were actually in the money for a day last week.

I don't know about you, but I need a whole lot of multibaggers to get back anywhere close to where I used to be. :-(

JDSU and SCMR have ample cash to ride out the downturn, if they properly manage their cash burn. Ciena has plenty of cash, and they have remained cash flow positive.... so far.

David
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