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Sycamore Networks


hit a 52-week low of $21 but rebounded and was up 3.3% in early afternoon.

Deutsche Banc Alex. Brown

cut its rating for the network equipment company to buy from strong buy.

Other network stocks were mixed.


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was down 8.6%.



was down 4.4%. But giant



was up 2% after sinking to a 52-week low of $27.81 early in the session.