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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: Bo Le who wrote (577)8/10/2000 5:54:48 PM
From: Neville H. J. Gorman  Read Replies (1) of 1583
 
I can understand your short term motives. I will stay with BRCD until growth levels off considerably. No way you´ll see $25. This quarter´s earnings are estimated to be $0.16. Runrate of $0.64. At $25 the PE would be 39 on a conservative runrate and monster growth rates. You must be joking.
I´ve held this stock for about a year now despite all the naysayers. I saw some shorts like garrick le and Tom Hua last year who thought they were clever. Don´t play with fire. Better short stocks like AMZN and PCLN.

Neville
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