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Technology Stocks : Computer Network Technology (CMNT)
CMNT 0.00010000.0%Dec 18 4:00 PM EST

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To: Bart who wrote (619)5/22/1999 5:21:00 AM
From: GuinnessGuy  Read Replies (1) of 750
 
Bart, Brocade Communications goes public on Tuesday. They make a competing product, sort of. This is sympathetic to the expected IPO success of BRCD. Take a look at ANCR. They are direct competitors and check out how well that stock has performed relative to CMNT in the last 100 days:

techstocks.com

And if you look at the last several day(20) you'll see that CMNT and ANCR are in lockstep. I believe that this is because that they somewhat compete with the upcoming IPO:

techstocks.com

Also note that BRCD has increased its IPO price 50% today. This sector is hot. It may be even hotter than the internet sector since the technology enhances that plus intranet/LAN sector.

"SANs" used to be best known as a french word.

Not any more....

Craig
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