SYCAMORE NETWORKS INC (NASDAQ:SCMR), Down By 10.17% ($2.15) From $21.150 After BUYINS.NET Report Predicted Stock Would Go Down
August 3, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Thursday, July 14th 2011 stating that SYCAMORE NETWORKS INC (NASDAQ:SCMR) was expected to go Down due to the Bearish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=scmr&id=178342
At the time this story was written, SYCAMORE NETWORKS INC (NASDAQ:SCMR) is Down By $2.15 (10.17%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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SYCAMORE NETWORKS INC (NASDAQ:SCMR) - Sycamore Networks, Inc. develops and markets intelligent bandwidth management solutions for fixed line and mobile network operators worldwide. Its portfolio of optical switches, multiservice cross-connects, and multiservice access platforms serve applications that extend across the network infrastructure from multiservice access and regional backhaul to the optical core. The companys products comprise optical switches, such as SN 16000, SN 3000, and SN 9000 optical switching products that enable bandwidth management in regional and core optical networks; and network-aware management systems and interfaces, including SILVX that empowers comprehensive performance management, in-service scalability, and service delivery without compromising existing systems. It also offers multiservice cross-connect and access products, such as Multiservice Cross-Connects for traffic aggregation and grooming which handle narrowband to broadband switching and transport; Multiservice Access Platforms comprising the IAB-3000 integrated access bank and the SPS-1000 signaling process system that support voice and data integration at end-user sites and in telemetry applications; Access Gateways, including DNX-1u access gateways, which improve site visibility and control; and ENvision Plus network management software that provides provisioning, path protection, and disaster recovery. In addition, the companys product offerings include a portfolio of post-sales customer support services, such as network planning and deployment, logistics, product training, online technical assistance, and maintenance contracts. Sycamore Networks serves domestic and international wireline and wireless network service providers, utility companies, large enterprises, multiple systems operators, and government entities. The company was founded in 1998 and is based in Chelmsford, Massachusetts.
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