Investor AM: You know things are bad when ...

Some days you just can't win. You know things are bad when your stock falls about $7 in a few seconds.

That's what happened to Brocade Communications (brcd), a storage area networking player, just before 5 p.m EST on Wednesday. The company started out on the right path. Brocade reported fiscal first quarter earnings of 13 cents a share on sales of $165 million. Full story. --Larry Dignan, ZDII