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Technology Stocks : Brocade Communications Systems,Inc. (Nasdaq-BRCD) -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (60)8/18/1999 12:05:00 AM
From: Susan G  Read Replies (2) | Respond to of 1583
 
BRCD lockup ends tomorrow...
any opinion on how this will affect the price?

from Briefing.com:
Short Stories
12-Aug-99 AFTER THE CLOSE
Brocade Communications Systems Inc. (BRCD) 129 5/8 +10 1/8: supplier of Fibre Channel fabric solutions posts a a fiscal Q3 net of $0.06 a share, two cents better than the First Call mean, vs year-ago loss of $0.46; net revenues rose 339% to $20.1 mln; company also announces that Morgan Stanley Dean Witter has agreed to an early release of the underwriters' lock-up restrictions on up to 2.3 million shares; stock to be available for sale no earlier than Wednesday, August 18