Sycamore Networks, Inc. (SCMR)

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.

Nero

Sagetrade

This is how the company is valued at 3.92 a share:

They have net cash of $915 million, which values their business at $178 million or 64 cents a share. They are expected to earn 13 cents a share this year, giving them a P/E of under 5.

Sycamore Networks is slowing moving towards (+) net income. Revenue has increased steadily each of the last two financials with a projected big jump in the 2006 books.

Jump on for the ride.

Sycamore Networks is an emerging fiber optic Network management and optimization company. The company is slihtly profitable as the company continues to manage and product products for this evolving market.

In my opinion, the company, selling for little more than net working capital per share, the stock is a long-term buy.

Kahuna,CFA

outperform. company is HIGH in cash. not terribly overvalued, and is likely to kill S&P 500 where it is at today's levels.
additionally these companies are not within the financials nor energy sectors.

They seem ready for a move. I owned them during the bubble seems like Telecom stocks are finally ready to have growth. They have started to sell product the inventories are reduced the last 3 out of 4 quarters the revenue is up 90% for last year. Stock has over $3 a share is cash trading at $4 a share. Not much downside risk.

Time to buy this POS again, decent technical support at $2.82 just bought some to trade with in my IRA.

They are in China and its booming. There are more people in china than anywhere else. Fiber optics carry the most band with and they do need optcal switches.

Market cap = 976M, Cash in hand=896M, Debt=0
Growth rate = 20%

Revenue keeps on growing

Will be a bread winner in soon months. They have great financial backing, and some good production in tow. Ride the wave on this one as far as it takes you!

Normally, I do not make speculative picks but I cannot help to add this one.

Sycamore is likely to complete a large merger transaction Credit Suisse report suggests to ramp up revenues and earnings. SCMR has a strong cash position nearly $1 billion. The contract win with Verizon will produce revenues over the next few qtrs. It is likely that SCMR will merge with either a Ciena or a JDSU, perhaps Tellabs but less likely.
Sycamore can have a market cap greater then cisco if they execute and win for more 4G contracts like Verizon Wireless and Sprint. I have a $10 price target on SCMR.

This account tracks the performance of newly minted 4 star stocks - 3 star stocks that recently turned in to 4 star stocks.

Barely trading for more than cash in it's coffers. Nothing to like about the business, it's all about the cash and the loss carryforwards that could be attractive. They have not burnt through cash over the past 9mths (slightly cash flow positive). Some controversy and a couple of lawsuits surrounding option dating now exist. Might be attractive to an acquirer (who would actually have to be acquired to utilize the losses for taxes me thinks). My attempt at "old school Buffet" not the new and improved version.

Stong Financials. 50+% Institutional Ownership + 33% Insider Ownership. Those are pretty strong signals for such a inexpensive stock.

This a company worth getting excited about. the growth potential is huge and the downside is virtually zero with their huge cash reserves. They seem to be on the cutting edge of telecommunication technology and the talent pool near Chelmsford, MA is deep.

optic telecommunication cyclic play, last 4 quarters profitable, trading at cash level

Buy low and pray