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To: William F. Wager, Jr. who wrote (138)	9/28/2000 2:33:38 PM
From: William F. Wager, Jr.	Read Replies (1) of 218

RS 9/26/00... Strong Buy Dane Lewis, Network Storage Systems and Software “CacheFlow will be holding product demos for its Web Server Acceleration product at Networld+Interop, which begins today,” said Lewis. “Web content acceleration is a market that CFLO pioneered, landing key customers such as Exodus and Lycos. We expect more enterprise, Web hosting and ISP customer wins to follow. The company will also give a presentation on Content Delivery Networks today at Networld+Interop, which we believe will allow them to continue to gain visibility as a leading content delivery infrastructure provider. We continue to have confidence in CacheFlow’s story, given the strong growth of the caching market. We expect the caching market to reach $6-8 billion by 2004. CacheFlow appears well positioned to gain leadership in this market by offering a low-cost, efficient caching appliance solution that is more scalable than a software solution. We reiterate our Strong Buy rating. We believe CacheFlow’s impressive performance squares with the themes we highlighted in our CFLO upgrade to Strong Buy report released on September 11, 2000.”

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