[May 22, 2012] 19.8% Return Seen to Date on SmarTrend Sycamore Networks Call (SCMR) Tweet May 22, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Sycamore Networks (NASDAQ:SCMR) on March 2nd, 2012 at $18.37. In approximately 3 months, Sycamore Networks has returned 19.85% as of today's recent price of $14.72. Over the past year, Sycamore Networks has traded in a range of $14.53 to $24.84 and is now at $14.72, 1% above that low. The 200-day and 50-day moving averages have moved 0.35% lower and 1.27% lower over the past week, respectively. Sycamore Networks, Inc. develops and markets software-based optical networking products. The Company's customers include local exchange carriers, incumbent local exchange carriers, long distance carriers, Internet service providers, cable operators, international telephone companies, and wholesale carriers. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Sycamore Networks. Log in and add Sycamore Networks (SCMR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]