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

To: Fred Williams who wrote (433)	2/17/2000 8:41:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 1583

Guess Ashok Kumar's target price is 'kinda' on the low side. Going by after market activity that is. 2/17/00 6:27:00 AM Source: Bloomberg News Princeton, New Jersey, Feb. 17 (Bloomberg Data) -- Brocade Communications Sys (BRCD US) was rated new 'buy' in new coverage by analyst Ashok Kumar at U.S. Bancorp Piper Jaffray. The 12-month target price is $275.00 per share. ================ Brocade Communications 1st-Qtr Profit Soars; to Split Shares 2/17/00 2:20:00 PM Source: Bloomberg News San Jose, California, Feb. 17 (Bloomberg) -- Brocade Communications Systems Inc., a networking-equipment maker, had fiscal first-quarter net income that widely beat forecasts on a more than fivefold increase in revenue and said it would split its shares 2 for 1. Net income was $7.3 million in the quarter ended Jan. 29, or 12 cents a share, compared with a loss of $1.8 million, or 4 cents, a year earlier. Per-share profit was expected to be 7 cents, the average estimate of analysts surveyed by First Call/Thomson Financial. cnetinvestor.com