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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/11/2001 11:44:06 AM
From: besttrader   of 37746
 
Brocade Comms (BRCD) 41.85 +1.00: CSFB initiates coverage with a BUY rating and price target of $52; firm says BRCD has carved out a commanding share of the budding fibre channel switch market, and company is now driving the evolution of the switch from its roots as a hardware-based packet passing interconnect to a launching pad for SAN management services; with these higher level services, company is laying groundwork for the build-out of more scalable and distributed storage fabrics.
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