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Sycamore Networks: Favorable Risk/Reward Trading Near Net-Cash Levels
Long Investing Ideas from Seeking Alpha
Wed, 24 Aug 2011
By Bottom Up Investments : We are recommending a speculative long position in Sycamore Networks ( SCMR ) as we believe downside is limited by its substantial cash balance (over $15.00 in net cash on the balance as of the most recent quarter, compared to a recent stock price of $17.05). We believe ...
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