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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: GREENLAW4-7 who wrote (17489)	4/20/2001 7:52:00 AM
From: GREENLAW4-7	Respond to of 37746

One more thing, why should I buy long any CHIP STOCK, after the current move as fundamentals continue to soften? The last time these stocks has similar fundamentals was back in 94-94, and some stocks like INTC are at 1992 fundamentals, look at where the chips were trading from 92-95. Why shouldn't the sox trade a a fundamental P/E of that area? I believe the current move in the market was PRE-PARED. From josephs call on chips to the feds lowering rates. In essence Greeny bailed out the funds like he did in 98 but this time he left the retail investor in the dust!! By late March probably 70% of retail stock holders had sold in the down turn.!! So they missed the rally from 1600-2200, I hope they who have any funds left do-not chase this insane MARKET!!

To: GREENLAW4-7 who wrote (17489)	4/20/2001 8:08:15 AM
From: Wes Stevens	Respond to of 37746

If you have a 2-4 week time frame you will be fine. By the look of the futures this morning you may not have to wait that long.

To: GREENLAW4-7 who wrote (17489)	4/20/2001 8:35:17 AM
From: 2MAR$	Read Replies (2) \| Respond to of 37746

Brocade Warns... Announces Preliminary Q2 01 Financial Results SAN JOSE, Calif., April 20 /PRNewswire Interactive News Release/ -- Brocade Communications Systems, Inc. (Brocade(R)) (Nasdaq: BRCD) announced today preliminary results for the second quarter of fiscal 2001. Brocade expects to report total net revenue for the second quarter of fiscal 2001 (Q2 01) that will be approximately 30 percent less than the net revenue reported in the first quarter of fiscal 2001 (Q1 01). Diluted net income per share for Q2 01 is expected to be in the range of $0.05-$0.06 per share. During the second quarter, Brocade expects that gross margins will remain in the 60 percent range and will continue at those levels for the next several quarters. Additionally, Brocade expects that DSOs will be within the target range of 50 to 60 days. Brocade will host a live a conference call today at 6:00 am Pacific Time to discuss the preliminary financial results. To listen to the call, dial 719-457-2650, or connect via the Brocade web site at www.brocade.com. A replay of the conference call will be available following the call. Details on the replay are available at www.broacade.com. Brocade plans to announce complete second quarter results on May 15, 2001 at 1:00 pm Pacific Time. "We are sober about the affect that the economy has had on the economy ..