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opnion

01/03/04 10:52 PM

#187987 RE: gerrylis #187982

Gerrylis, Robert Montague at RBC Capital has, I believe if he hasn't changed it, a $4 price target on Brocade. I think you can trade it but a long term investment on my charts and his recommendation doesn't to me look healthy at the present time. Of course you realize I and he could be 1000% wrong. He is a well respected storage analyst and I doubt he would touch brcd with even Samo's money right now. gg
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Zeev Hed

01/03/04 11:22 PM

#187989 RE: gerrylis #187982

The best I can see for BRCD is a January bounce into the recent gap ($6.35 to $7), after January, I think it may drift back down. I have not followed BRCD for a long time, so others may chime in with better ideas.