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Technology Stocks : Brocade Communications Systems,Inc. (Nasdaq-BRCD)
BRCD 12.730.0%Nov 20 4:00 PM EST

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To: Keith Howells who wrote (578)8/8/2000 3:51:35 PM
From: gingersreisse  Read Replies (1) of 1583
 
I'd agree we had a breakout indication yesterday, however today's relatively low volume (35% under the recent average) gives me some pause. I expected to see volume in the 4mn share range based on Friday's size and activity. The investment houses are definitely not piling in yet. I figured they would after Emulex reported.

My sense is it's a tradable opportunity, but I'd like to see some confirmation before declaring next stop $260...

GSR

(This stock has the potential to run very fast, uphill or downhill. I wouldn't want to be naked on either side.)
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