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

To: Lizzie Tudor who wrote (1308)	1/15/2003 7:19:38 PM
From: E_K_S	Read Replies (2) \| Respond to of 1583

What's your short and long term price target for Brocade? My positions are made up of both a short term component (5-10 months) and a longer term component (18-36 months). My estimate for the short term is between $6-$8 per share. This is based on my estimate of $0.20/share (after accounting for the merger dilution) for FY 2003 with a growth rate of between 25%-30% year over year. Longer term depends on how the Rhasopdy merger develops and the new products and services management delivers in 2004 and beyond. Management is a big key in all of my investments and at this point it is an unknown to me especially with the departure of some key technical talent announced in December. What's your take and time frame? EKS