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

To: Bill who wrote (560)10/22/1999 4:40:00 PM
From: Smart Investor  Respond to of 2249
 
The basic point is that today's SCMR IPO pissed almost everybody (unless you are insiders) off.



To: Bill who wrote (560)10/22/1999 4:42:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 2249
 
Bill,

You know me better than that - I'm no bear...just ask Jorj if you see him. Still, there is no sense in these kind of valuations. There are numerous tech companies out there generating more revenues along with strong earnings with strong prospects that are valued far lower. My gosh man...these guys have one customer whom they bought with 200,000 pre-IPO shares. DOH!

OG


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