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

To: Boplicity who wrote (1440)	8/24/2000 5:46:25 PM
From: SJS	Read Replies (1) \| Respond to of 2249

Greg, What's the world coming to if it isn't...........<G> Steve

To: Boplicity who wrote (1440)	8/24/2000 5:57:03 PM
From: Warren Gates	Respond to of 2249

Yes, that's a joke, but tells you a lot about the inefficiencies of the market. Either SCMR has to move down or CIEN has to move up. And I'm not talking about CORV yet. And then there's NT, which becomes a bargain in the light of all these highly valued optical companies. (I didn't use the word 'overvalued') CIEN looks to be the ideal optical systems maker. It's small enough (30 billion) so you can still get a lot of price appreciation. It's got the technology that's already working. And it's making money. SCMR is actually still losing money if not for the interest income. Great revenue growth but the current price is just to rich. Would probably resolve itself in another 2 quarters. Ideal entry point will be closer to 100 than 160.