Bought to Open BRCD Jan 16 2010 $5.00 Call at 0.65

Trade

Trade ticket:

YNU Jan 16 2010 $5.00 Call 3.80 0.00 (0.0%)
Transaction: Bought to Open
Security: YNU Jan 16 2010 $5.00 Call
Price: $0.65
Target price: $4.00

Trade Note:

Analysts coverage on BRCD appears bullish.  Am a bit sceptable given the fundamental outlook for communications equipment.  Is this company going to be a victum of competition and the economy or will the acquisition of Foundry Networks get them through this soft patch?

Posted about 6 hours after the trade

Trade

Company information:

BRCD 5.45 +0.03 (+0.46%)
Market cap 2.49B
52-week high 6.44
52-week low 4.18
10-day volume 5.49B
P/E 8.21
EPS (trailing 12 months) 0.66
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Posted by MinTaxMaxGain on 12/22/08 at 05:49 AM

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