Brocade Communications Systems,Inc. (Nasdaq-BRCD) Message Board

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Technology Stocks : Brocade Communications Systems,Inc. (Nasdaq-BRCD)

BRCD 12.73

0.0%

Nov 20 4:00 PM EST

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To: Lizzie Tudor who wrote (1330)	1/21/2003 8:07:40 AM
From: Bob Frasca	Read Replies (1) of 1583

I don't think it sounds like any kind of sales agreement at all. It's a partnership to develop something that doesn't actually exist in a market (software) that Brocade doesn't usually play in. There is no guarantee that there will EVER be any revenue from it. It sounds like Brocade is trying to do a little value-added software upgrade to their existing management platform. Something they deliver as part of their hardware product anyway. I'm not saying this is a bad thing but it is something that they would need to do anyway simply to remain competitive. The whole thing is entirely dependent on closing the Rhapsody Networks deal. I find it interesting they would even release this when THAT deal hasn't closed yet. Seems a bit premature. I'm thinking that Brocade is trying to mitigate some potentially bad news by trying to put out some potentially good news. Perhaps the acquisition is not going as planned... Brocade will be delivering the SilkWorm Fabric Application Platform as a result of its intended acquisition of Rhapsody Networks. Brocade participation in this agreement is subject to the closure of Brocade's acquisition of Rhapsody, which is expected to occur shortly.

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