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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: manny t who wrote (1455)10/6/2003 10:54:15 AM
From: Lucky Luke   of 1583
 
A bit of good news to explain today's action (so far!):

7:29AM Brocade upgraded to Equal-Weight at ThinkEquity (BRCD) 5.62: ThinkEquity upgrades to Equal-Weight from Underweight based on their belief that the co may be positioned to return to a more offensive, vs defensive, posture; specifically, firm believes the co is set to begin delivering answers to 3 primary strategic concerns: 1) availability of FICON, 2) an update on the Fabric Application Platform (Rhapsody), and 3) the roadmap to IP-Storage support. Target is $7.
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