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

To: Jack Hartmann who wrote (785)3/1/2001 10:38:50 AM
From: MGV  Respond to of 1583
 
As far as BRCD prices, we may not have seen the lows since the market's ability to panic and sell is always formidable.

If it was not clear in what I wrote previously, your point is precisely why I think BRCD goes to low 30s, possibly even high 20s before this is over. Of course short term price predictions are for fun, unless you can't bear the consequences of it falling to the high 20s.

Fundamentally, this company is positioned as well as anyone in a market that has strong secular underpinnings.



To: Jack Hartmann who wrote (785)3/9/2001 7:55:16 PM
From: SouthFloridaGuy  Read Replies (3) | Respond to of 1583
 
This stock is complete garbage at this point. It will take a long time for investors to afford a multiple of 15 or more to companies that are so influenced by the vagaries of their particular sector. There will always be smokers for a Phillip Morris (MO) and even Coca Cola (KO) drinkers, but BRCD and most Technology customers come and go...

This baby goes to sub-$10 this year.


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