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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

BRCD 12.73

0.0%

Nov 20 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mohan Marette who started this subject	12/11/2003 10:48:17 PM
From: E_K_S	Read Replies (2) of 1583

We may see some weakness in the stock as BRCD is being removed from the Nasdaq-100 Monday Dec 22. From Briefing.com 6:50PM Nasdaq-100 adds eight new names to Index :"... Being removed from the Nasdaq-100 are ADCT, BRCD, CIEN, ERICY, HGSI, ICOS, MNST, RFMD... The changes will be effective with the market open on Monday, Dec 22..." ============================================================= Still long. Looking for $9-$11 by April 2004 once their new software management tool(s) are released (a new revenue stream) and starts contributing to their overall company revenues. These new software products have huge margins so it all depends on how much traction BRCD gets with this new revenue stream. I believe management wanted their software sales to eventually represent 30%-35% of their total revenues. It may take until Q2 or Q3 of next year to see if this actually occurs and if these new software management tools are as significant as our management thinks they will be. EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next