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

To: Techplayer who wrote (1722)	1/21/2001 3:00:34 PM
From: Lee Allgood	Read Replies (1) \| Respond to of 2249

The whole optical sector is moving; SCMR closed above its 50 day moving average Friday for the first time since mid-December (which was brief even then). The last time it spent any appreciable amount of time above the 50 DMA was June 1 thru Sept 1. Assuming no nasty surprises in earnings releases (i.e. - JDSU) the next stop before SCMR's earnings may well be to the mid 70's. With good earnings and a positive outlook on upcoming quarters, we could clear the 200 day MA and head for 100 - 120.