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


To: Neil H who wrote (746)10/26/1999 12:17:00 PM
From: The Phoenix  Respond to of 2249
 
Neil,

I guess there was a time..but not so much anymore. It's clear that this isn't going to come down into my target range. What I'd like to understand is what math or supporting information those long here have that deems this valuation. I've not heard anything yet. I have gobs of data that says this is overvalued... I post it and no one can tell me what it is about SCMR that supports this insane valuation. The market is not large enough to support it. Is there something I'm missing?

OG

edit..the more I talk about it the more it goes up .. funny.. simply unbelievable... good luck!

Second edit. I should point out that a company like Foundry - who has a market cap of 9.xB is a better bet. Real products, real revenue, a developed market, developed channels, and earnings coming out that will be amazing... Revenues will likely double. This makes much more sense to me than SCMR right now.