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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: d. alexander who wrote (25639)3/17/2000 9:28:00 AM
From: d. alexander  Read Replies (1) | Respond to of 68423
 
07:58 ET Sycamore Networks (SCMR) 136 15/16: CSFB reits BUY and raises F2000 EPS to $0.08 from ($0.01) and F2001 EPS to $0.20 from $0.02; increases revenue projections to $138.6 mln in F2000 (33% above previous $104.6 mln) and to $320 mln in F2001 (up 88% from original $170 mln); price target $175; believes the probability for future upward revisions is high as the company continue to execute above plan; aggressive valuation reflects enormous market opportunity and SCMR?s potential to emerge as a key strategic supplier.