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: Capt who wrote (1502)	1/5/2004 9:46:12 PM
From: E_K_S	Read Replies (1) of 1583

Hi Capt - I am still long on BRCD and believe the future prospects for BRCD are looking good as they plan to release their new switch & software management tools targeted for April 2004. My one year holding period was last week and I still have a $9-$12 target price for April 2004. If indeed the earnings begin to show up (especially from their software switch product) they could continue for several quarters with excellent margins. The big question I will be paying attention to from management is their plan to continue a sustained revenue stream from this and future "software" products. There is always the possibility of a buy out from some other major player like HWP or a new partnership OEM agreement w/ EMC or some other large distributor. The risks are low and the long term returns are huge. Of course my cost basis is low at $4.30 but I am still holding out for at least $12. EKS

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