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Strategies & Market Trends : Puff Daddy's Mo' Money Mo' Problems -- Ignore unavailable to you. Want to Upgrade?


To: SouthFloridaGuy who wrote (699)3/31/2000 11:46:00 PM
From: kinetic  Read Replies (1) | Respond to of 896
 
BRCD is a seriously strong stock. Of all my favorites, only one outperformed it this week and I took profits in that one today. BRCD was up 9% on the week, during which it essentially looked to be basing for another run. Could today's new high be the start of a new breakout?

Only marginal selling in BRCD during the worst of the NAS tumble, much less than occurred two weeks ago. I'll acknowlege that it does sport a premium valuation (now $20 bil), and, considering it was a $1.3 billion company last May, one may be inclined to feel he missed the train, but Fibre Channel SAN's are going to be very important these next few years.