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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (11546)	5/14/2002 3:29:21 PM
From: Bill Harmond	Read Replies (1) of 57684

14-May-02 Brocade (BRCD) 23.90 +2.12: Shares shrug off recent downward pressure (credited to anxieties regarding CSCO's entry into the storage networking space with today's SN 5428 product announcement) and bounce almost 10% on defensive notes from Goldman Sachs and Thomas Weisel. Goldman points out that CSCO is very new to the storage space and stresses that perceptions are worse than reality (with the storage mkt inherently more difficult to enter). Thomas Weisel rates CSCO's product a "low-end solution with limited performance" and sees little real term impact expected for BRCD."

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