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Technology Stocks : ONI Systems Corp. (ONIS)

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To: Glenn Petersen who wrote (3)3/10/2000 8:16:00 PM
From: D. K. G.   of 227
 
Competition

Competition in the communications network infrastructure market is intense.
Our existing and potential competitors include Alcatel, Ciena, Cisco Systems,
Juniper Networks, Lucent Technologies, Nortel Networks, Siemens, Sycamore
Networks and Tellabs. A number of private companies have recently announced
plans for new products to address the same problems which our products address
and have attracted substantial amounts of venture capital funding.

We believe that to be competitive in the communications network
infrastructure market we must deliver products that:

. provide extremely high network reliability;

. provide high performance interfaces and packet processing capabilities;

. scale easily and efficiently with minimum disruption to the network;

. interoperate with existing network designs and equipment vendors;

. reduce the complexity of the network by decreasing the need for multiple
layers of equipment; and

. provide a cost-effective solution for service providers.

If we are unable to compete successfully against our current and future
competitors, we could experience price reductions, reduced gross margins and
loss of market share, any one of which could materially harm our business,
operating results and financial condition.

==========

Thanks for starting the thread Glenn, you beat me to it.

dkg
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