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


To: Neville H. J. Gorman who wrote (320)11/12/1999 10:26:00 AM
From: w2j2  Read Replies (2) | Respond to of 1583
 
I want to point out that shorts are likely to attack Brcd stock price, since the lockup is due to end on 11/20/99. Be wary of what you read on this board over the near term. This is not good for any of the FC vendors. wj



To: Neville H. J. Gorman who wrote (320)11/22/1999 11:25:00 AM
From: Mohan Marette  Read Replies (2) | Respond to of 1583
 
SoundView starts network storage sector-Issues 'strong buy' on BRCD,target $380.

Monday November 22, 11:17 am Eastern Time

Soundview starts computer network storage sector

NEW YORK, Nov 22 (Reuters) - Soundview Technology Group said Monday it had started coverage of companies that provide software or equipment for computer network storage systems.

-- Soundview's personal computer analyst, Mark Specker, started Brocade Communications Systems Inc. (NasdaqNM:BRCD - news) and Network Appliance (NasdaqNM:NTAP - news) with strong buy ratings.

-- put a price target of $380 on shares of Brocade, which provides switches for computer network storage systems.

-- put a price target of $160 on Network Appliance, a maker of software and equipment used to store computer data.

-- started coverage on Gadzoox Networks Inc. (NasdaqNM:ZOOX - news) with a buy rating and a $100 price target. Gadzoox makes products that allow companies to build storage area networks.

-- Brocade was down 5-3/8 to 251-5/8 early Monday. Gadzoox shares was off 2-15/16 to 70-15/16, while Network Appliance was up 1-5/16 to 117-1/8.