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Technology Stocks : Vixel (vixl), a fibre channel company!

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To: Tom Hua who wrote (84)10/4/1999 12:00:00 PM
From: nic  Read Replies (2) of 377
 
The offer is for future business

Tom,

AFAIK Sun not only intends to replace Vixel hubs with Ancor switches in their product offerings, but will also attempt to upgrade existing installations in this fashion. To me this suggests that Vixel has no concrete prospect of doing much business with Sun going forward, and that the shares were issued to forestall Sun suing for the cost of the retrofit. If you have specific information to the contrary, I'd love to hear it.

- nic

Disclosure: long ANCR.
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