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What: Shares of storage and networking gear builder Brocade Communications Systems
So what: In the doldrums between earnings seasons, all manner of industry conferences give executives a fine platform to hawk their plans and visions. Today, newly appointed CFO Dan Fairfax gave a spirited spiel at one conference; tomorrow, he'll go to another one.
Now what: Sadly, I can't access Fairfax's webcast because of technical difficulties, but here's what I've gathered from third-party sources. Brocade appears to have used that stage to pump a recently launched portfolio of high-speed Ethernet switches. The new hardware appears to be aimed directly at the cloud-computing space, where Brocade partners up with storage titan EMC
Add Brocade Communications Systems to My Watchlist.
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