took a tumble after
said it didn't expect the network storage equipment maker to deliver the same upside surprises seen in the last few quarters.
The company recently lost $9.75, or 9.3%, to $95.25 in midday trading on the
. The 52-week high is $133.69, and the low for the year is $38.19.
While Goldman analyst Laura Conigliaro reportedly made positive comments on Brocade this morning, she also cautioned that the San Jose, Calif., company's stock price had reached a high level and could face a potentially slowing growth rate.
Brocade is due to report its first-quarter earnings on Feb. 21. Analysts expect earnings of 12 cents a share, up from 3 cents a share last year, according to
First Call/Thomson Financial