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


To: SJS who wrote (1225)4/15/2000 5:26:00 PM
From: hal jordan  Read Replies (1) | Respond to of 2249
 
Steve,

Anyone who works in a pre-IPO has this situation as their worst nightmare. Your company goes public, you can't sell for a period of time while it rockets up, then WHAM! The bottom falls out of the hi-tech bull market. Nope, not a good feeling for anyone watching their hundreds of thousands or tens of millions erode in a week.

I'm now wondering whether SCMR is a good buy at this level or the knife falls further. Just look at many of the hot companies; brcm, jdsu, etc. Maybe the high road is buying a CSCO or MSFT at the bottom. CSCO is probably a best bet if it hits the 40's.

Hal