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Bruce, you mentioned this in your last post, but I think it deserves more attention.

>>(BROCADE(R)) (Nasdaq: BRCD, news, msgs), the leading supplier of Fibre Channel fabric solutions for Storage Area Networking, announced today that its Fabric Shortest Path First (FSPF) routing protocol has been accepted by the Technical Committee T11 of the National Committee for Information Technology Standards (NCITS), for approval as an industry standard by the American National Standards Institute (ANSI), the nation's primary Fibre Channel standards body. <<

http://quicken.excite.com/investments/news/story/pr/?story=/news/stories/pr/20000621/SFW094.htm&symbol=BRCD

This compatability issue received some discussion a few weeks ago. Looks like BRCD has a leg up in the standards war.

Steve

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Bruce, you mentioned this in your last post, but I think it deserves more attention.

Yes. Let's look at the announements made over the past week:

•Cisco and Brocade partner for FC over IP (WANs & MANs).

•Brocade and Emulex deepen their partnership.

•EMC certifies Brocade's interoperability.

•Brocade's routing protocol FSPF is selected as the interoperability standard.

Here's some more discussion of that last announcement:

http://www2.marketwatch.com/quotes/articles.asp?symb=BRCD&sid=148490&source=htx/http2_mw&guid={CD00E6F8-0572-460F-B078-A51B5190D85D}

This compatability issue received some discussion a few weeks ago.

Yes, it was widely known that Brocade had submitted their standards proposal on March 8 of this year:

http://www.brocade.com/news_events/archive.html?id=956790795&xcat=956788512&phase=show

Looks like BRCD has a leg up in the standards war.

;-)

BB
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Bruce,

Thanks for your reply to my original BRCD "Gap" question that I posted on Rats' board. I have been lurking on the BRCD board here and at SI for some time and just started setting some limit orders for the stock a couple weeks ago. The fundamentals and management of the company seem fantastic.

The thing that spooks me is the TTM PE of 700+ (and growing), although forward growth estimates and the continually expanding market for SANs seem to justify such multiples.

As for my limit orders, I haven't had the same luck with BRCD that I had with NTAP and CREE, when I set some limit orders for them in May. Got them at great prices.

Right now it isn't a matter of if I buy BRCD, but when. I am sqeamish about entering the stock right now with the FED meeting approaching, and stock gaining 60%+ in the last 30 days. I have been looking a little more closely at TA in conjunction with FA in order to obtain a "good entry".

I know that this one could leave me in the dust.

Regards,

Gavin
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Right now it isn't a matter of if I buy BRCD, but when. I am sqeamish about entering the stock right now with the FED meeting approaching, and stock gaining 60%+ in the last 30 days. I have been looking a little more closely at TA in conjunction with FA in order to obtain a "good entry".

I know that this one could leave me in the dust.

Regards,

Gavin


I understand. The price drop from $185 to the low of $79 on April 17th and subsequent rise back up to $168 today certainly provided a superball bounce that few could have predicted using any kind of strategy.

Each investor can only choose when to enter investments based on their 'comfort zone'. At least you were able to meet that zone for Network Appliance and Cree during the merry month of May. I'm sure if you knew then that the stock was heading back up so strongly, an entry point of $79 - $100 would have met your comfort zone. That's the problem - we just never know. Be patient and use the time to study future opportunities.

BB
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And BRCD finished the day up a mear $4?? I don't think the market gets the significance of today's announcement. With the stock at 200 X FY 01 estimates and BRCD's penchant for blowing past those estimates is this issue still looking reasonably valued?.

Steve (watching his port hatch another gorilla)

PS, Bruce, did you notice the press release from VRTA today? Sequential sales growth over 100%. Would that qualify as a tornado? 8-)

http://quicken.excite.com/investments/news/notemplates/frame.dcg?symbol=VRTA&ntlink=http://cbs.marketwatch.com/archive/20000621/news/current/vrta.htx?source=blq/intuit&dist=intuit&445684753

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Bruce and Steve,

I decided to invest in BRCD after hearing Greg Reyes interviewed on RadioWallStreet. This interview to be exact:
http://www.radiowallstreet.com/NASApp/RWS/EventPage?ID=19903
Bruce... I think you posted a link to this interview before. Not sure if it was this board or not. Sorry if this is redundant.

Quotes like this really floated my boat:
" I would view CSCO as a potential partner ..."

Or this one:
"One of the things we've done consistently is attempt to be thoughtful and conservative in terms of the projections we give to Wall Street and then work our tales off to exceed them."

Here's what Yahoo's info says about that quote:
http://biz.yahoo.com/z/a/b/brcd.html
They beat estimates by 50%, 50%, 50%, and 35% the last 4 quarters. That last numbers a little disapointing but I think we can live with it. :~)

Oh yea... here's my favorite line.
"I think we will continue to see Brocade grow at an accelerating rate".
Now to me this means they are going to grow faster in percentage terms than they did in the past. FASTER!! Is that what it means to you? Excuse me for shouting at you but this is a company that is already growing 450% year over year and sequentially be 42% and then 45%. So... as you can see.. they are growing faster the last two quarters. Yikes! I'm getting a wind burn.
And the last quote:
" I think we will see BRCD continue to grow at triple digit rates for the forseeable future".
Yep. Nice to have a little security. We like the sound of that. By the way Bruce I really like the strategy of the storage triple play with EMC, NTAP and BRCD. Probably like BRCD a little more than the other two at current prices but they are all excellent choices.

best of luck my Foolish brothers
glenn
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