Son of SAN - Storage Networking Technologies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Son of SAN - Storage Networking Technologies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: J Fieb who wrote (1249)	5/15/1999 4:20:00 AM
From: Douglas Nordgren	Read Replies (1) of 4808

Gadzoox' Capellix got a favorable write-up in this week's NetworkWorld, Ancor got a plug along with Brocade (not online). >>The chassis based switch sits between a Fibre Channel arbitrated loop storage network and one based on a switched-fabric device from the likes of Brocade Communications or Ancor.<< The following could help explain Gadzoox' higher IPO rating over Brocade's (aside from the fact that maybe Zoox' underwriters are heavier on the Street than Brcd's). >>Gadzoox owns about two-thirds of the Fibre Channel hub and switch market based on revenue, according to IDC. The market is growing steadily and could reach $1.5 billion by 2003, says Robert Gray, an IDC analyst...<< So ZOOX owns 66% with their $24m according to IDC, and BRCD claims 85% with their $24m according to nobody who doesn't work for BRCD. Seems like an even split, based on revenue, and $48m wasn't the whole pie either. And the pie is getting bigger. A company capable of slicing 30% is scarfing down $450m in 2003. I don't think those IPO ratings will mean much come the the day of the pie eating contest, do you? Besides, BRCD is up first.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next