To: Gus who wrote (4405 ) 3/16/2002 2:38:55 PM From: J Fieb Respond to of 4808 BRCD may have another present on its desk?.....Or just good management? Brocade Communications' Officers Recommend Andersen as Auditor By John Stebbins San Jose, California, March 13 (Bloomberg) -- Brocade Communications Systems Inc., a maker of computer network switches, asked shareholders to approve keeping Arthur Andersen LLP as the company's auditor even as some companies drop the firm following Enron Corp.'s collapse. Brocade, based in San Jose, California, said it has used Andersen since October 1997. Last year, it paid the Chicago-based company $338,600 in audit and audit-related fees and $1.53 million for advisory services related to tax preparation and international tax strategies, the company said in a U.S. Securities and Exchange Commission filing. Andersen, Enron's auditor for more than a decade, is in talks to sell itself to rivals while under federal investigation over Enron's collapse, people familiar with the situation have said. Anderson has lost dozens of clients this year and may be indicted for work related to Enron, which filed the largest U.S. bankruptcy on Dec. 2, people have said. In a proxy sent March 4, Brocade asked shareholders to ratify Andersen's reappointment at the company's April 18th annual meeting, spokeswoman Fenella Tigner said. The law does not require shareholder approval, the company said. Brocade's shares fell 12 cents to $28.26 in midday trading. They had declined 14 percent this year.<< > quote.bloomberg.com k 2B Now, BRCD paid for auditing services AND consulting,we know they are silicon slicksters of first caliber. Do they have loyalty to AAnderson or don't they want another firm? Never a dull moment....staying tuned.