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Strategies & Market Trends : The New Economy and its Winners

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To: Libbyt who wrote (3547)	11/29/2000 10:53:40 PM
From: Bill Harmond	Read Replies (1) of 57684

Brocade beats estimates, ups guidance... From Briefing: Brocade Comms (BRCD) 153 3/4 -7 1/4: -- Update -- Stock bounces almost all the way back to closing level (at 152 now) as conference call ends; very bullish call yet again from BRCD. Company upped 2001 revenue guidance, maintained gross margin guidance at 60%, gained more than 5 percentage points of market share in Q4, and claims to have very little exposure to the service provider market.

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