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Technology Stocks : Stratos Lightwave, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: vampire who wrote (137)7/4/2000 12:31:08 AM
From: neverenough  Read Replies (2) | Respond to of 393
 
but dont tell me because other optic comps trade at 3000 times sales and this is only 25 times sales (or whatever) cause then I'm just going to ask why those aren't overvalued.

Thats obvious, and just because a company is overvalued now does not mean it can't become more overvalued in the future. STLW is in the right sector at the right time, growing at a healthy clip, and is profitable.

IMO, the stock was being manipulated. Stratos probably pissed off MS or Goldman by going with Lehman as their lead underwriter, in turn they short the hell out of the stock driving the price down, accumulating shares along the way. Notice the last hour of trading today, siliconinvestor.com clearly some heavy buying.

Once the qp ends and the analyst coverage begins STLW will already be on it's way.