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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

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Aug 24 5:00 PM EST

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To: Randall E. Gann who wrote ()	11/22/1999 2:16:00 PM
From: BuzzVA	Read Replies (1) of 29386

There's one company that's left out.... Soundview starts computer network storage sector NEW YORK, Nov 22 (Reuters) - Soundview Technology Group said Monday it had started coverage of companies that provide software or equipment for computer network storage systems. -- Soundview's personal computer analyst, Mark Specker, started Brocade Communications Systems Inc. <BRCD.O> and Network Appliance <NTAP.O> with strong buy ratings. -- put a price target of $380 on shares of Brocade, which provides switches for computer network storage systems. -- put a price target of $160 on Network Appliance, a maker of software and equipment used to store computer data. -- started coverage on Gadzoox Networks Inc. <ZOOX.O> with a buy rating and a $100 price target. Gadzoox makes products that allow companies to build storage area networks. -- Brocade was down 5-3/8 to 251-5/8 early Monday. Gadzoox shares was off 2-15/16 to 70-15/16, while Network Appliance was up 1-5/16 to 117-1/8.

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