MPLS + ASX4000 => FORE will grab (looks like already grab a substantial chunk, their SP revenue grows to 20% from nil within a year) a large chunk of Service Providers and ISP mkt share from CSCO and ASND. Look for FORE to increase revenue substantially with this support on ASX4000.
Based on Incremental earnings for this, 1999 estimate of 1$ is very likely and with 35% conservative growth FORE should move to around 30$ price range within the next three months. This assumes they made a great forth qtr. The regular estimate is 10c and the whisper is only 9c. FORE made 8c last qtr when they can't ship fast enough, so they should easily beat this estimaet of 9c/10c. All imo.
Each area of FORE's strength is noted below:
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FORE Systems Takes Lead in Developing the New Internet Infrastructure;
FORE Announces Multiprotocol Label Switching (MPLS) Support
PITTSBURGH, Jan. 13 /PRNewswire/ -- FORE Systems, Inc. (Nasdaq: FORE - news), a leading global supplier of multiservice networking solutions, announced
today that the company will add support for MPLS (Multiprotocol Label Switching) to its award-winning high performance ASX™-4000 switching line, bringing
the best of both the IP (Internet Protocol) and ATM (Asynchronous Transfer Mode) worlds to IP service providers.
FORE's at the Core of IP Service Provider Nets
FORE Systems' switching solutions have been selected by some of the premier Internet Service Providers (ISPs), including Cable & Wireless USA (see 1/11/99
news announcement from FORE Systems), Level 3, UUNET, Metronet and others. MPLS is the IETF (Internet Engineering Task Force) standard architecture to
handle the transition of the current ATM-based Internet backbone to the new Internet Infrastructure. With the addition of MPLS, FORE is enabling a new
generation of IP services, such as Voice over IP (VoIP), IP fax, and IP virtual private networks (VPNs).
''With MPLS so effectively complementing our own industry-leading switching and routing capabilities, the ForeRunner® ASX-4000 is clearly the best-in- class
switch for the Internet core,'' said Niel Viljoen, senior vice president and general manager, Service Provider Business Unit, FORE Systems. ''It becomes the central
product for empowering the new Internet Infrastructure.''
FORE is expecting the MPLS support for its ASX-4000 to be available during the second half of 1999. The addition of MPLS to the ASX-4000 brings together
the IETF standard for scaling Internet routing and the industry's highest performance Internet core switch.
A Powerful Combination: MPLS Joins FORE's Capacity-Aware Routing and
Dynamic Protection Switching on the ASX-4000
==========> this is a great feature for SP and ISP for QoS and high-availability. This feature beats CSCO and ASND at theior own game because they don't have dynamic protection swithching.
MPLS' capabilities join FORE's Capacity-Aware Routing™ and Dynamic Protection Switching™ on the ASX-4000, software features not available on any other vendor's switching platform.
=======> right-on, they did say it here.
FORE's Capacity-Aware Routing searches out and allocates unused network transmission capacity, ensuring that all network resources are being optimally used at all times.
With Dynamic Protection Switching, networks quickly recover from failures without the need for service providers to deploy costly redundant physical infrastructures.
The award-winning ASX-4000 is the industry's only backbone switch with up to 40 Gbps of non-blocking switching capacity and true OC-48c (2.5 Gbps) link support. The switch can support as many as 64 OC-12c (622 Mbps) connections and 16 OC-48c connections.
==============> FORE is the one and only ATM switch vendor with OC48c capability today at this point in time. Beats the hell out of old gorilla CSCO and getting-pretty-old ASND. imo.
''FORE's record of providing Internet core switches gives them a solid understanding of service providers' provisioning, traffic engineering and network recovery
needs,'' said John Ryan, principal and chief analyst at Ryan, Henken and Kent, a telecom industry research firm based in South San Francisco, CA. ''This should
position FORE to deliver a full-featured MPLS implementation that is very attractive to Internet backbone providers. FORE's Capacity-Aware Routing adds
practical provisioning and load balancing capabilities to MPLS, enabling FORE to leverage its added value while supporting this important emerging standard.''
About MPLS
MPLS is the core switching architecture being developed by the IETF for scaling Internet routing, delivering new IP-based services, and integrating IP and ATM
technologies. |
