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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: gingersreisse who wrote (772)2/26/2001 11:21:53 AM
From: Bo Le  Read Replies (2) of 1583
 
GSR, I would stay away from BRCD for now. It is highly unlikely BRCD can grow revenue/earning 100%+ in next few years given the fact that US economy is about to get into recession. I think the Nazdaq will bottom somewhere between later April and early June ( I think we will see RBAK at $15, JNPR at $50-, and BRCD at $30- by that time) Any rally in March will be just sucker's rally. I am 75% in cash since Feb. 1 this year and have no short position now. I like following 10 stocks now:

YHOO, ARBA, CRA, PWAV, SNDK, SCMR, LU, ADAP, TVIA, ACMM

I expect all of them to have 200% - 1000%+ return in next 12 - 18 month.

My two cents.

Bo
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