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


To: Smart Investor who wrote (541)10/22/1999 3:42:00 PM
From: RDR  Respond to of 2249
 
I think we saw a 52 week high today at the open and with more companies in the same area coming public...it will surely be interesting to watch how SCMR does ?

Regards,



To: Smart Investor who wrote (541)10/22/1999 6:06:00 PM
From: Wayners  Read Replies (1) | Respond to of 2249
 
By every comparison I can make to other stocks, this Sycamore is pure insanity. I thought it at $60 would be high based on comparisons with Cerent. Look at the millions of dollars per employee. We're talking 100 million dollars per employee. That's damn crazy. Its too bad the greedy market makers opened it as high as they did. Technically the stock is always going to have overhead supply. Big disservice to the company's stock.