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


To: Mehitabel who wrote (339)11/30/1999 10:05:00 AM
From: Minbari  Read Replies (2) | Respond to of 1583
 
Just saw this on www.briefing.com:

07:44 ET Brocade Communications (BRCD) 320: Morgan Stanley Dean Witter raises price target from $325 to $375 and
raises C2000 EPS est from $0.72 to $0.090 and C2000 revenue ests from $147 mln to $170 mln following yesterday's strong
Q4 earnings release.

Sounds great! So why the sell off? I don't get it.