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


To: Bill who wrote (1501)9/21/2000 1:23:32 PM
From: SJS  Read Replies (1) | Respond to of 2249
 
sure Bill. These two things:

10:35 ET Sycamore Ntwks (SCMR) 113 3/16 +7 11/16 (+7.3%): -- Technical -- Consolidative after initial run related to bull comments (see 8:21 comment). Ability to hold above support at 110/109 (chart barrier/200 day ma) and improving momentum raise probability that a correction of the month long slump is under way with potential under this view to 122/123 area.

08:21 ET Fiber Optics Stocks Started : Salomon Smith Barney initiates coverage of the following names with BUY ratings: GLW ($490 target), JDSU ($155 target), ONIS ($155 target), CIEN ($175 target), SCMR ($165 target), CORV ($115 target).



To: Bill who wrote (1501)9/24/2000 6:15:42 AM
From: Brian K. Winchell  Read Replies (1) | Respond to of 2249
 
odsi-coalition.com

Very impresive list of particiants.

Another STRONG BUY

September, 22 12:04 PM EST
by Team StreetSideInvestor
First Security Van Kasper Maintains a Strong Buy Rating on Sycamore Networks (Nasdaq:SCMR) and has a $248 price target. For about the past month CIENA Corp. shares have outperformed while SCMR shares have come under considerable pressure. Van Kasper said "We believe that this weakness represents a buying opportunity. In our opinion, market concerns regarding emerging competition, rejection of ODSI standards, lack of in-house hardware development and uncertainty regarding the value of the Sirocco acquisition are unfounded." Currently shares of SCMR are trading down $2 23/64 to $111 1/32.