Brocade Communications Systems, Inc. (BRCD)

MistaMoFo (< 20) Submitted: 6/30/07 2:07 AM : Start Price: $7.99 BRCD Score: 6.53

Financials are impressive, this is the 800 lb. gorilla in the SAN/ FAN market. I bought my first shares at over $10, and have forced myself to stay the course and add to my position as the stock has dropped precipitously to the mid- 7's. I am VERY frustrated with the poor job they did of informing shareholders of the ridiculous split/ reverse split, (will be listed as BRCDD for 20 trading days) and the repercussions- I think many small investors have panicked and sold,. fearing that BRCD was being delisted and would implode- perhaps a self-fulfilling prophecy if enough believe it.





Back to why I still believe: great earnings, huge market share, they have absorbed the cost of acquiring McData ahead of schedule, and their products are just what the whole world is going to be needing for the forseeable future- reliable hardware, software, AND SERVICES to help large and small businesses manage the explosive growth of data and media their customers demand and use.





Shiny new computers on every desk may not be on every CIO's list of things to do, but efficiently using, backing up, and protecting the data their company relies on has got to be on every (good) CIO's Just Do It list.

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