Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of network equipment supplier Brocade Communications Systems
So what: Bloomberg wrote an article concluding that after Dell's
Now what: Now, the biggest concern for investors going forward involves the fate of Brocade's business. Dell resold some of Brocade's products, and analysts are concerned that the company's competing in an increasingly commoditized sector. Shares only trade at 11 times forward earnings estimates, so there might be some value here. For now, I will stay away from shares because of Brocade's uncertain future.
Interested in more info on Brocade Communications Systems? Add it to your watchlist.
Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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