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Stock Alert for Brocade Communications Systems Inc. Issued by MicroStockProfitDALLAS, May 28, 2010 (GlobeNewswire via COMTEX) -- MicroStockProfit.com announces an investment report featuring Brocade Communications Systems Inc. (Nasdaq:BRCD). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision. The full report is available at: www.microstockprofit.com/lp/BRCD Brocade Communications Systems Inc. (BRCD) is a supplier of data center networking solutions that help enterprises connect and manage their information. The Company offers a line of data center networking hardware, software products and services. The Company is organized in four operating units: The Data Center Infrastructure (DCI), The Server Edge and Storage (SES), The Services, Support and Solutions (S3) and The Files (Files). BRCD products and services are marketed and sold to end-user customers through distribution partners, including original equipment manufacturers, distributors, systems integrators, value-added resellers (VARs) and by BRCD directly. On March 17, 2008, the Company completed its acquisition of Strategic Business Systems Inc. In December 2008, BRCD announced that it has completed its acquisition of Foundry Networks Inc. Message Board Search for BRCD: http://www.boardcentral.com/boards/BRCD In the report, the analyst notes: "BRCD recently reported financial results for its second fiscal quarter ended May 1, 2010. BRCD recorded quarterly revenues of $501 million or a decrease of 1% year-over-year, resulting in a diluted earnings per share (EPS) of $0.05 on a GAAP basis and $0.13 on a non-GAAP basis. "BRCD's recent volatility has been greater than normal. This is evidenced by the increased distance between the upper and lower Bollinger Bands. These bands measure volatility using standard deviation and a large width is due to high volatility." To read the entire report visit: www.microstockprofit.com/lp/BRCD See what investors are saying about BRCD at penny stock forum MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com MicroStockProfit.com Disclosure MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures. This news release was distributed by GlobeNewswire, www.globenewswire.com SOURCE: MicroStockProfit.com CONTACT: MicroStockProfit.com Brian Johnson 1-888-307-2850 [email protected] |