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

To: Drake who wrote (638)	10/23/1999 7:53:00 AM
From: Lao Ou	Respond to of 2249

We all seem to agree that this is a good company with great potential. The current price is a pure reflection of supply/demand. I believe the hot one will get hotter. I bought some shares before the close of the market. I believe this is the bottom or very close to. It won't fall to $150, IMHO. Look at the chart of JNPR, RBAK. In a month, the current price is a bargain. BTW, a lot of demand are from institutions. Remember Netscape ? This one is even bigger. As said in the thestreet.com column, this one is the broken of light speed. In a month, the stock will be back to its current high. How to justify the current lofty price ? I can not and I am not going to. We are buying the future. How much is the future ? You go figure. Monday the price will gap up, not down. The stock will go up from here if previous similar "red hot" stocks can give us a hint. Good luck. Z