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

To: jhg_in_kc who wrote (880)	4/20/2001 9:39:53 AM
From: gingersreisse	Read Replies (1) \| Respond to of 1583

Thursday, there was a lot of favorable news in the market, and some of it was specific, with QLogic, BRCD, EMLX all doing well. News that EMC did OK, IBM's shark did great, HP did OK in storage helped the storage enablers. There was probably some advance word that Salamon was about to upgrade the whole sector. Friday, Salamon did upgrade the sector, including BRCD, EMLX, QLGC. But, BRCD warned on revenues (-30mn, under expected). I may pick up a few shares to write calls against if the stock touches 25-26, or write few more calls against existing positions if the stock goes up. GSR