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


To: Chisy who wrote (874)4/11/2001 10:46:06 AM
From: Chris O'Connor  Read Replies (1) | Respond to of 1583
 
The stock has dropped from 110 to 25 and he has finally realized it isn't acting well? Gee, how do I sign up for this valuable insight?



To: Chisy who wrote (874)4/11/2001 11:30:59 AM
From: MGV  Read Replies (1) | Respond to of 1583
 
Depends on your time horizon and risk tolerance. They lowered guidance in February for this quarter and there is speculation that their end markets have decelerated from that time. If so, they could miss their reduced guidance. If so, the stock price could sell off near term. Beyond the near term, read this thread and the links in it to develop a view on their market position and prospects longer term.