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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: 5dave22 who wrote (139028)	9/5/2001 1:18:09 AM
From: tejek	Read Replies (6) \| Respond to of 1578600

I should look at BRCD. You think they're positioned to come back in their sector? Dave, I believe they are the leader in their sector. The problem is the current price. I bought some at $23 or $24 and have been holding. I thought this would be the bottom but now it looks like BRCD may retest its April low of $16+. So you need to be careful. It could even go lower than $16+. I need to clarify that I am buying tech for the long term but in limited quantities..50 or 100 shares...so that I can keep track of what its doing. In addition, I am trying to buy at the bottom which is hard to call and I have everything stop lossed....and I am not letting it exceed 30% of my portfolio. There are some who are saying the tech inventory problems are not cyclical but rather secular due to the bubble and that tech will not recover until late 2002 or early 2003. Who knows but I am trying to play them while still making my portfolio grow. Can't say I have been too successful in the past month and half. Finally, there is a lot of talk that soon the markets will retest their April lows so be on the look out for such a possibility. ted

To: 5dave22 who wrote (139028)	9/5/2001 11:38:14 AM
From: tejek	Respond to of 1578600

I should look at BRCD. You think they're positioned to come back in their sector? Dave, well as a follow up, my BRCD is gone...in fact most of my portfolio is being triggered out of existence. <g> ted

To: 5dave22 who wrote (139028)	9/6/2001 9:31:17 PM
From: tejek	Respond to of 1578600

I should look at BRCD. You think they are positioned to come back in this sector? Dave, just to follow up...below explains the sell off of BRCD from a couple of days ago. Silkworm is the new hardware about which I was talking. Its my take that BRCD has become the sector leader. I bought more yesterday when it broke $20. Was afraid that I had moved to quickly but may be not. Intel's news tonite may well be the spark for the next major rally. At least I am hoping. <g> ted _____________________________________________________ Merrill comments on Brocade selloff By Tomi Kilgore Brocade Communications (BRCD) is slumping $2.60, or 11 percent, to $20.25, after sliding 5 percent on Tuesday. Analyst Thomas Kraemer at Merrill Lynch attributes the recent weakness in the stock to investor concerns over its Silkworm 12000 network switch. He said, however, that company employees have indicated that there has been no change in the product road map. "We continue to believe that the product will be shipped on time and available in volume towards the end of the year and be a positive catalyst for the stock," Kraemers said in an intraday special call to clients.