Brocade Reports Earnings May 31: There's Still Time To Get In

Published: May 2, 2007, 9:47 pm

Tags: long term, stock, investments, brcd, earnings, speculate, brocade

Brocade Communications Systems, Inc. is scheduled to report earnings on May 31. I generally focus on short term holdings, looking for a catalyst that will move a stock. However, when I find a good company that I believe in, (because of various factors) I may change my investment/trading strategy. Brocade is one of those companies that I believe is a solid, long term holding. I think it's possible that BRCD doubles within the next two years. Brocade is still considered a "speculative stock" to some, while others have it on their radar and know where it's headed. I'm not saying it's going straight up, but I am saying that I believe BRCD's trading range will steadily increase over time. You wouldn't be wasting time if you took a look and came to your own conclusion. Some of the growing pains from the acquisition of McData have probably been resolved by now (elimination of certain departments/comparable positions, etc.). If you're on the speculative side: If Brocade beats estimates, this

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