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: Lizzie Tudor who wrote (1537)	4/29/2004 9:17:19 PM
From: E_K_S	Read Replies (2) of 1583

Hi Lizzie - I am getting very frustrated with this market. As far a Brocade, everything I have been reading tells me that management is on track and they are proceeding well with integrating their previous software acquisition. The only negative is that product margins are falling and their plan is to make it up on their software management tools. It's a pretty cut throat business. I continue to hold and was looking for Brocade to become a teenager this year. Another Tech holding I like and may consider buying at current or some what lower prices is LSI. They reported earnings today which were in line but got hammered on a slower than expected recovery. If the past semi cycle can get on track (usually a 36 month run), LSI may see $25. I like their DVD and HDTV chip technology. I have both companies in my portfolio. My original cost on BRCD is around $4.50 and I have sold the $8 calls a few times. I have been holding about 30 months. I guess this is the time to accumulate shares when we get these frustrated sellers. I do like to buy companies when the last long term holder decides to throw in the towel. I have been focusing on non-technology stocks this year buying drugs (GSK, MRK & JnJ), Oil (XOM, MRO) and retail (JCP & ABS). All pay good dividends and are up quite a bit this year. However, I am now looking at some tech issues again because I think they just got hit way too hard in the last several weeks. Hope that helps. You should make money with Brocade if you buy in the low $5's. EKS

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