Sycamore Networks, Inc. (fka SCMR)

[flemsnopes]

The company paid out a special $10 dividend on October 12, which was more than 25 percent of the stock price prior to payment of the dividend. By stock exchange rules the stock price is adjusted on the ex-dividend date to reflect the amount of the large dividend paid. Of course, the stock price quickly goes up or down from there, depending on the level of market confidence in the ability of the company to succeed. A few well known analysts have indicated a higher valuation than the price at which the stock is currently trading.