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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Venditâ„¢ who wrote (693)7/14/2001 12:29:30 PM
From: DOUG H  Read Replies (1) of 8752
 
I'm going to trade the QQQ. This time of the trading season can be very dangerous in that you can wake up one morning and find some JoeSchmo for IscrewU Securities has made some comment about some sector or specific stock and the issue takes a 15-50% haircut before trading even opens. Happened to me last week with BRCD.

Note the MF.

askresearch.com

This is a follow up release, it was first annonced prior to the open. After looking at the chart, one would have to say, the timing could not have been worse, unless you wanted to buy BRCD.

RESEARCH ALERT-CSFB cuts Brocade, Emulex, McData

7/6/2001 12:00:00 PM
NEW YORK, July 6 (Reuters) - Credit Suisse First Boston said Friday it has cut its ratings on three storage network management companies -- Brocade Communications Systems Inc. (BRCD) , Emulex Corp. (EMLX) and McData Corp. (MCDT) -- to hold from buy.
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