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Strategies & Market Trends : Befriend the Trend Trading

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Nov 21 4:00 PM EST

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From: Dr. Stoxx	12/14/2006 8:06:32 AM
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08:04 FDRY Foundry Ntwks looks well positioned for growth in a healthy market - TWP (14.15 ) Thomas Weisel says that a key takeaway from their Silicon Valley trip is that FDRY mgmt continues to see a strong environment for its products and believes it can gain share in a mkt that should grow 10-12% through 2009. Share gains would be based on its strong enterprise product set, investment in its sales organization, a generally weakening field of competitors beyond CSCO, and current demand momentum in its high end sweet spot (especially 10gigE). Meanwhile, firm says federal sales appear stable at year-end, with the opportunity for better growth next year if Mideast spending burdens moderate.

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