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The Company develops and markets intelligent bandwidth management solutions for fixed line and mobile network operators worldwide and provide services associated with such products.
Yeah, seriously, stop laughing, I am recommending Sycamore Networks long, and for the long-run. Sycamore has a ridiculous amount of cash under its belt, $3.27 in cash to be exact and is trading just 72 cents over that intrinsic cash value at the moment. Revenues are increasing 10-15% per year and earnings look to be heading in the correct direction in 2007 and 2008. They are trading at just 22 times forward earnings which is below the sector average and given the inordinate amount of cash on hand, just 1.17 times book value. I smell a share buyback coming, or a buyout offer.NeroSagetrade
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