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


To: Director who wrote (697)10/24/1999 8:28:00 PM
From: Gustaf  Read Replies (1) | Respond to of 2249
 
290, 310 by next Friday ? Sure, why not.

My point is not to hype Sycamore here, but imo,
shorting SCMR on weakness Monday morning could turn out to be wrong
and very costly. Short at 150 ? What are you gonna do if
Sycamore is 290 by next Friday ? Game over.

I know that GE and IBM wont go up 100 points in a week;
But Sycamore ? Anybody's guess.

Does not make sense to go short such a monster.
There are weaker stocks to bet against.

Just my 2 cents

Gustaf



To: Director who wrote (697)10/24/1999 10:01:00 PM
From: Victor Lazlo  Respond to of 2249
 
Yup, a market cap of $17.5 billion and no real customers. Go for it Director, it's a bargain! The world is your oyster!! ROFL !!

Victor



To: Director who wrote (697)10/24/1999 10:28:00 PM
From: techstocker  Read Replies (1) | Respond to of 2249
 
Director................I kinda think its funny about all these immature postings. As you can tell at least I'm honest . Who in their right mind would tell someone they actually lost money on a stock. I never expected this stock to open at the price that it did so big deal. These people only wish they had the buying power of the big boys. Sycamore is only a very small portion of my portfolio and I sleep very well at night!!!!!! As a matter of fact I bet Sycamore will bottom out in the $130 area.Question is? What will be the price of Sycamore 5 years from now? Anyone???