Forecast Boosts Brocade

Brocade Communications Systems Inc. shares rose 16% after the largest maker of computer system switches said it expects to meet or exceed its fiscal third-quarter estimates. The shares rose $6.98 to close at $49.94 on Nasdaq. They have fallen 46% this year. Chief Executive Gregory Reyes told analysts that San Jose-based Brocade is positioned to meet or exceed third-quarter forecasts because companies will need more of its storage products as they expand. Brocade switches speed information among computers and storage systems in a network.