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To: Greg h2o who wrote (18094)	1/13/2000 9:47:00 AM
From: Greg h2o	Read Replies (1) \| Respond to of 42804

again, from SSB, on SYCM SCMR: Initiating Coverage with a 2S Rating and $315 Target Price..:$264.00 Rating: 2S Lissa Bogaty 212-816-5815 Target.:$315.00 Growth: 50.0 Yield: N/A Mkt.Cap:20592.0 PREV 07/99 .....:$N/A 07/00 E.....:$(0.04) 07/01 E.....:$0.10 CURR 07/99 .....:$N/A 07/00 E.....:$(0.04) 07/01 E.....:$0.10 P/E 07/99 ......:N/A 07/00 ......:N/AX 07/01 ......:2640.0X HedgeClause(s)...: --SUMMARY:--Sycamore Networks--Connectors & Other Components Sycamore was founded on the theory that mult wavelengths in the ntwk need to be routed and managed and used to deliver services on the optical layer. In a little over a year, Sycamore has developed one of the most versatile and broadest optical platforms on the market. While Sycamore's valuation appears at first blush to be absurdly high, we believe the company has all the earmarks of one that, after making the right acquisitions, stands a chance to one day dwell on the Mount Olympus of the telecom world, alongside the big, integrated telecom equipment providers Cisco, Lucent, and Nortel. Furthermore, Sycamore's management team has not only cachet in the world of technology, but appears to have the depth, breadth in terms of skill sets, and thoughtfulness to take the company from small to large.