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To: Wizard who wrote (11039)4/8/2002 10:06:51 AM
From: Suresh  Read Replies (1) | Respond to of 57684
 
Hi Wizard,

does the cash generated by the option exercise counted in free cash flow for BRCD ?

Thanks,

Suresh



To: Wizard who wrote (11039)4/8/2002 11:24:46 AM
From: Bill Harmond  Respond to of 57684
 
It sems to me he's grasping at straws and risking credibility.

The company is managing gross margins at 60% in order to gain share for Chrissakes, and like you say the 12000 is not only incremental, but back-ordered.



To: Wizard who wrote (11039)4/8/2002 3:14:00 PM
From: Bill Harmond  Respond to of 57684
 
Digital Insight has the best technicals my list.



To: Wizard who wrote (11039)4/8/2002 5:29:54 PM
From: techanalyst1  Read Replies (2) | Respond to of 57684
 
That's Bearon's niche.... bashing stocks. They have to do something to sell their papers. I still think stocks are going to be in trading ranges, so the software stocks were getting to the lower end and storage the upper end of recent highs. Probably would have traded this way without any news at all.

I'm still wondering whether there really is any kind of tech rebound. Too many big companies are having significant warnings. I guess we can blame psft's product cycle, Chkp's unsustainable high margins and product mix, IBM's large size and accounting mumbo jumbo catching up to them, Orcl's usual screw up, Mc Data's inability to compete with Brcd's products, etc, etc, etc.... but we tried that with the telecoms too last year. Luckily, those left to report probably aren't going to miss, but I don't see a good thing happening if they should have any hints of a guide down going forward. In the meantime.... let the shorts cover and play around for a while and Bearon's have their day in the sun. They'll miss the bottom, whining about how terrible techs are.

TA