Brocade Communications Systems,Inc. (Nasdaq-BRCD) Message Board

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Technology Stocks : Brocade Communications Systems,Inc. (Nasdaq-BRCD)

BRCD 12.73

0.0%

Nov 20 4:00 PM EST

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To: Mohan Marette who wrote (373)	12/20/1999 8:21:00 PM
From: Steve Smith	Read Replies (1) of 1583

You're welcome Mohan. BRCD is a very attractive stock to have for a fund's portfolio based on its triple digits growth as reported from their November'99 earnings. << net revenues for the fourth quarter of fiscal 1999 (Q4 99) of $30.1 million, a 457 percent increase over $5.4 million reported for the same quarter in fiscal 1998. For the year, Brocade reported net revenues of $68.7 million, a 183 percent increase over the $24.2 million reported in fiscal 1998.>> In addition, 30% of the float is shorted out of 6 million shares. This could cause a nice price increase in the near future.

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