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Technology Stocks : Sycamore Networks Inc-(SCMR) -- Ignore unavailable to you. Want to Upgrade?

To: Neil H who wrote (382)	10/21/1999 4:03:00 PM
From: Techplayer	Read Replies (1) \| Respond to of 2249

OT Neil, Good luck in HIFN. It has certainly taken a beating. Brian

To: Neil H who wrote (382)	10/21/1999 4:26:00 PM
From: Smart Investor	Respond to of 2249

Anybody buying SCMR probably need to read this. " Sycamore has 173 employees. The company, which will reap about $216.6 million in net proceeds from the IPO, made its first sale in May. It has one customer, Williams Communications Group, of Tulsa, Okla., a newly public and unprofitable company that provides voice, data, Internet, and video services to communications-service providers. In its SEC filing, Sycamore said Williams is not obligated to purchase any minimum quantities of products. Sycamore said it will not be successful if it doesn't expand its customer base. However, in the foreseeable future, the company said substantially all of its revenues will depend on sales to Williams and a limited number of potential new customers." I admit it probably will be hot. However, I think its business prospect is weak compared with ATON and FDRY.