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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Nancy who wrote (11469)	2/21/2001 5:04:44 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Nancy, thanks, I noticed, they dropped the price by 10%, I thought that warning was already in the price since the stock was more than halved since January 31st, well, c'est la vie... Zeev In edit, I just bought more BRCD here at $35.5, unbelievable, but I really think they are overdoing it. I have BRCD earning$.60 this year and $95 next year, for a company growing well in excess of 50% this is cheap. I may have to double up again at $28 (g).

To: Nancy who wrote (11469)	2/21/2001 5:07:28 PM
From: Bosco	Read Replies (1) \| Respond to of 30051

Hi Nancy - what did BRCD say BRCD Q1 earns 13 cents --4:06 pm - By Chris Kraeuter Brocade Communications Systems (BRCD: news, msgs) reported first-quarter net income of $32.5 million, or 13 cents a share, compared with $7.3 million, or 3 cents a share, during the same quarter last year. Analysts surveyed by First Call/Thomson Financial expected earnings of 12 cents a share and revenue of $162.4 million, on average. Actual revenue was $165 million compared with $42.7 million during the same quarter last year. Brocade shares closed down 19 cents at $44.69. TIA best, Bosco