StockIceMan's Weekly Stock Pick
Week of
February 27, 2006
| Stock: |
Sycamore Networks, Inc. |
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| Ticker Symbol: |
SCMR - Nasdaq - Networking and
Communication Devices |
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| Buy: |
4.50 to 4.75 |
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| Sell: |
7.00 |
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Info: |
Sycamore Networks, Inc.
engages in the development and marketing of
optical networking products for domestic and
international wire line and wireless network
service providers, and government entities with
private fiber networks. Its networking product
portfolio includes optical switching products,
network management products, and design and
planning tools. The company’s optical switching
products include SN 16000 SC, SN 16000, and SN
3000, which are designed to enable service
providers to provide and manage network
bandwidth in the metropolitan, regional, and
core segments of the optical network. Its
optical network management system, SILVX,
provides comprehensive network management,
planning, and administration tools that
communicate with existing network management
systems through common standards. In addition,
the company offers related services, such as
installation, maintenance, technical assistance,
and customer training. It sells its products
worldwide through direct sales force. The
company was founded by Gururaj Deshpande in
1998. Sycamore Networks is based in Chelmsford,
Massachusetts |
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| Financial Info: |
For the six months ended
1/28/06, revenues increased 65% to $48.1
million. Net income totaled $11.9 million vs. a
loss of $13.2 million. |
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| Key Ratios: |
Current
Ratio: 32.25, Total Debt/Equity: 0.00, Trailing
P/E: 944.00x, Forward P/E: 36.31x, Price/Book:
1.37, Price/Sales: 15.65 |
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| Share Info: |
There are 278.26
million shares outstanding with 183.82
million shares in the trading
float. Institutions own
approximately 38.20% of the shares outstanding.
There have been no insider purchases or sales
in the last six months.
Real-Time SEC
Filings
As of 1/10/2006, there were 5.23 million shares short.
Net Institutional Buying: 9.23 million
shares prior to latest
quarter. |
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| Articles: |
Sycamore reports third
straight profitable quarter |
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