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Technology Stocks : Brocade Communications Systems,Inc. (Nasdaq-BRCD)
BRCD 12.730.0%Nov 20 4:00 PM EST

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To: Brasco One who wrote (1408)3/24/2003 1:50:37 PM
From: E_K_S  Read Replies (2) of 1583
 
Hi Donny - I really do not know but I believe the market had discounted the price waiting for them to release their visualization software which was not expected until late this year. Many analysts thought BRCD would be lucky to even release their software/hardware management tool suite before the end of the year. However, IMO now that StoreAge has ported their management software over to the Brocade platform, customers that have been sitting on the fence to upgrade will now go ahead. Therefore, in the short run, BRCD could see their overall sales improve sooner than latter.

Also, it just might be a bounce as a result of option expiration that occurred last Friday. In any case, it's nice to see some green when everything else is red.

EKS
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