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Technology Stocks : Vixel (vixl), a fibre channel company!
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To: Mohan Marette who wrote (27)10/1/1999 10:13:00 AM
From: Gordon Gekko  Read Replies (1) of 377
 
"But there are a few problems. Vixel disclosed that one of its components has a high failure rate, which doesn't bode well for customer satisfaction. Vixel said Sun Microsystems cut back on purchases of the component, but company smoothed things over by issuing Sun 150,000 shares. For the fiscal year, Sun represented 54.4 percent of Vixel's sales and for the six months ending July 4 Sun accounted for 34 percent of sales."
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