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: pass pass who wrote (762)	2/23/2001 11:28:26 AM
From: MGV	Read Replies (1) of 1583

Thanks for the correction. a P/S of 20 is more than 50% too high, too far from the truth to refrain from calling you on it. I think there is risk the price could go as low as the high 20s to low 30s in the next 1-2 months. I would not bet against it. The reason isn't BRCD's fundamentals but rather, the pervasiveness of the sentiment you and the poster before you carry. When you see such widespread shooting from the hip on the downside, you know people are holding half empty glasses. Short term that is bearish. Intermediate to longer term it opens the door to opportunity. It makes good companies also good investments. No hurry.

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