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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: JRI who wrote (656)2/21/2001 5:08:50 PM
From: Paul Shread  Read Replies (2) of 52237
 
Brocade Comms (BRCD) 44 11/16 -3/16: -- Update -- On conference call, mgmt said they are "somewhat concerned about softening environment." details to follow later in the call....Stock trading at 42.

2028 is a likely support, the July 1998 high. There's a gap just under 2100. I think AG cuts if we breach 2251 even intraday. The Nasdaq may not, though; everyone now knows he's waiting to cut. An interesting signal to send.
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