Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Brasco One who wrote (1368)	2/10/2003 12:45:16 PM
From: Lizzie Tudor	Respond to of 1583

thats a lot of the company for one investment house to hold. Janus used to do that... its ok as long as things are going up. In this case, this is probably the low so it doesn't matter.

To: Brasco One who wrote (1368)	2/10/2003 1:35:33 PM
From: Rock_nj	Respond to of 1583

CE Unterberg Towbin upgrades Brocade to Near-Term Mkt Perform from Avoid based on their view that the co is likely to report strong Q1 results on Wed; raises Q1 rev/EPS ests to $130 mln/$0.02 from $125 mln/$0.00 (consensus $122.9 mln/$0.00); ------------------------------------ It's all shaping up for great earnings and forward guidance from BRCD on Weds. The upgrade today was due to the fact that Towbin is expecting better earnings on Weds and Reyes said in an interview a few weeks ago that BRCD will be ramping up earnings in the coming quarters.