Other talk on the Street Friday suggested that QLogic might be about to close a deal with Dell Computer Corp. (Nasdaq: DELL) for low-end Fibre Channel switches, which, if true, would be a shot across the bow of Brocade Communications Systems Inc. (Nasdaq: BRCD). Neither company would comment on the rumors.
Gadzoox Networks Inc. (Nasdaq: ZOOX) closed up 13.64% at 1.25; McData Corp. (Nasdaq: MCDT) finished up 4.73% at 13.51; Brocade ended the day up 9.73% at 24.59; and EMC Corp. (NYSE: EMC) was up a pinch at 2.4% to close at 11.51.
The only company excluded from the good news was Inrange Networks (Nasdaq: INRG) which ended Friday down 6.45% at 5.22 -- a drop attributed to poor results (see Inrange Points Finger for Q3 Loss).
Jo Maitland, Senior Editor, Byte and Switch http://www.byteandswitch.com
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