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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Prophet who wrote (4308)3/25/2002 3:41:40 PM
From: Dave Gore  Read Replies (3) of 16631
 
BRCD BUY @24.62. This is the type of good news that traders want, if I am not mistaken, before they buy. I'll be holding this one overnight because of the good news and betting we are due for a temporary bounce in the Naz near 1812 or near 1790/1800. Bought a 1/2 order for a multi-day hold if it holds up.

BRIEFING.COM

15:10 ET Brocade rebounds intraday on reports that qtr going well

Hearing from traders that Brocade Communications (BRCD 24.66 -1.35) is providing upbeat guidance at analyst meeting. Co said to be comfortable with AprQ outlook, and providing indications that visibility has improved.
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