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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: pass pass who wrote (764)2/23/2001 5:37:16 PM
From: MGV  Read Replies (1) of 1583
 
You made a mistake. You got caught up emotionally. It happens. After all they would have to do 500 million to have a 20 P/S. Is that what you believe?

BRCD was dangerously overpriced. It was as high as $130. Rapid growth in storage area networks makes sense and BRCD is very well positioned to benefit from wide spread SAN adoption. It continued to gain share in its market based on the latest data. BRCD may not be a bargain until visibility improves but it isn't "dangerously overpriced" either.
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