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


To: Bill who wrote (758)10/26/1999 5:17:00 PM
From: The Phoenix  Respond to of 2249
 
And good luck to them! Just because it's trading at $15B doesn't make SCMR a $15B company (with $11M in revenues last quarter to one customer).... just those that are buying it here think it is. More importantly they believe that there are others that think it's worth more and they are willing to gamble that someone else will take this stock off their hands for ...say $20B. Possible in this market I suppose but more risk than I'm willing to take.

OG