BRCD 4th quarter earnings amounted to 14c vs. consensus estimates of 12c. Revenue of $208.8 mln vs. consensus estimates of $203.51 mln. BRCD moved higher AH which should enable us to take a profit at some point tomorrow morning on the BRCD calls.Dell managed to beat by a big 6c a share and the stock has moved past the $27 level. As noted earlier, we stayed off to the sidelines this time around... better to be a chicken than a dead duck.
Another earnings winner this evening is J Crew (JCG) posted earnings of 27c, a full 6c above estimates.
Google (GOOG) finished just a touch below the highs of the day and we will continue to hold our December calls until the momentum either grinds to a halt, or we see a blow off near term top on volume of 12 mln shares or more. Today's volume totaled 8.4 mln.
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