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


To: Raymond Duray who wrote (1435)8/24/2000 5:13:10 PM
From: SJS  Read Replies (1) | Respond to of 2249
 
Don't know if this will explain the plunge and return to everyone, but I got this from briefing.com:
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Sycamore Ntwks (SCMR) 158 -1 7/8: -- Update -- Revenues of $90.4 mln were above Street estimates in the $70-80 mln range, but did not provide as much of an upside surprise as last quarter; stock trading off 8 points to 150 after hours.



To: Raymond Duray who wrote (1435)8/24/2000 5:19:21 PM
From: Warren Gates  Read Replies (3) | Respond to of 2249
 
SCMR vs CIEN

SCMR = 40 billion market cap
CIEN = 26 billion market cap

SCMR = 90 M revenue latest quarter
CIEN = 128 M revenue latest quarter

SCMR = 4 M operating income latest quarter
CIEN = 22 M operating income latest quarter

SCMR = 23 M interest income latest quarter
CIEN = 3 M interest income latest quarter

They're both selling next generation optical switches. Technologically, too early to tell which is superior. I would say SCMR deserves a much larger market cap because it earns more interest income.