Crossroads - CRDS Message Board

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Technology Stocks : Crossroads - CRDS

CRDS 1.900

0.0%

Aug 28 5:00 PM EST

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To: D. K. G. who started this subject	8/27/2003 3:58:17 PM
From: D. K. G.	of 164

12:23PM New High Profile -- Crossroads (CRDS) 2.30 +0.30: Making a new 52-week high today is Crossroads Systems, a provider of data routing solutions for Storage Area Networks (SANs). This one-time highflier ($200 stock price in early 2000) has been making a comeback this year. The storage sector has been hot as storage cos are reporting good numbers and many are near 52-wk highs: ELX, EMC, JNIC, NTAP, QLGC, VRTS... Co has $30 mln in cash/inv, or $1.24 per share with zero long term debt and its financials are improving due to its new business model which emphasizes royalty and IP license revenue.

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