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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: KJ. Moy who wrote (24130)9/17/1999 9:16:00 AM
From: Ocean_Joe  Read Replies (2) of 29386
 
I am buying BRCD. It is a bargain.

They claim to have 80% of the market, and that market is exploding!

See it for yourself, in quotes, and video, at the BRCD website.
cnbc.com

"It's the next major networking category. We've got 80% plus market share, and a market that's going to go from $200 milion to $1.5 billion in two to three years. That isn't a niche market in my book."

-- Greg Reyes, Brocade Communications CEO

Had he misstated or materially misrepresented the situation, it would certainly not be repeated and archived as the company has done. It is now a month after the CEO made those statements, and there has been no retraction. At the time, BRCD traded at 137. BRCD now trades at 220+.

Ocean Joe
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