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Strategies & Market Trends : Dave Gore's Trades That Make Sense
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To: Prophet who wrote (12976)9/26/2002 1:38:35 PM
From: Dave Gore  Read Replies (2) of 16631
 
What do you think? 11:59 ET Brocade plunges on lack of guidance, false Solly rumor (BRCD) 8.89 -1.48: Stock has tanked in the last 20 min on heavy volume following their presentation at the Banc of America investor conference; while we're told the presentation was generally positive, we are also hearing the negative reaction was due to the fact that the co declined to give guidance, as well as a false rumor that Salomon Smith Barney was making negative comments on the co.
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