Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Sycamore Networks (SCMR) is -13.7% to $25.88 after announcing a 2011 Q1 net loss of $6.5M on...

  • Wednesday, December 1, 2010, 10:32 AM ET
    Sycamore Networks (SCMR) is -13.7% to $25.88 after announcing a 2011 Q1 net loss of $6.5M on revenues of $11.7M, down from 2010's $15.6M Q1 revenue. The Q1 results "reflect the fluctuations associated with the project-oriented nature of our bandwidth management business," says CEO Daniel Smith. (PR)
Track new comments on this story

This news story has 1 comment:

  •  
    how is this not a screaming buy right here? With the $6.50 dividend, you've essentially got 25% downside protection for the next 2 weeks to hold this stock. As long as it closes above $19.38 on 12/13 you're ahead.
    1 Dec 2010, 11:08 AM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)

TECH ETFs IN FOCUS

Latest Tech Articles
More Latest Articles »