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Technology Stocks : Foundry Networks, Inc. FDRY -- Ignore unavailable to you. Want to Upgrade?

To: KM who wrote (80)	9/26/1999 5:31:00 PM
From: Mohan Marette	Respond to of 1225

Competitors-----> From SEC S1 This is what it says about competition in the SEC filings. ".....The market for network solutions is intensely competitive. In particular, Cisco maintains a dominant position in this market and several of its products compete directly with our products. We also compete with other large public companies, such as 3Com and Nortel Networks, as well as other smaller public and private companies. Many of our current and potential competitors have longer operating histories and substantially greater financial, technical, sales, marketing and other resources, as well as greater name recognition and larger installed customer bases than we do. Additionally, we may face competition from unknown companies and emerging technologies that may offer new LAN, MAN and LAN/WAN solutions to enterprises and Internet service providers....."

To: KM who wrote (80)	9/26/1999 5:50:00 PM
From: techstocker	Read Replies (1) \| Respond to of 1225

Calendar Filings Pricings Withdrawn Underwriters Companies FOUNDRY NETWORKS, INC. Page 3 of 3 << Back \| Next >> BUSINESS DESCRIPTION: Foundry Networks designs, develops, manufactures and markets a comprehensive suite of high performance networking products for enterprises and Internet service providers. Our Gigabit Ethernet Layer 2, Layer 3 and Layer 4-7 switches enable our customers to build and maintain efficient, high performance networks. Layer 2 switches provide dedicated bandwidth, while Layer 3 switches route network traffic. Layer 4-7 switches, a new generation of networking devices, provide the intelligence to control information delivery. Our products provide solutions for many types of networks, including local area networks or LANs, metropolitan area networks or MANs, and wide area networks or WANs. This product breadth allows us to provide solutions throughout a customer's network, from the wiring closet edge of an enterprise LAN to the LAN core, and from the WAN edge of an Internet service provider to its network of Internet servers. By using customized semiconductors, known as application-specific integrated circuits, or ASICs, we provide switching products that offer better performance at a lower cost than traditional software-based routers. Our Layer 2 and Layer 3 switches provide the bandwidth required to support the increasing use of bandwidth-intensive and Internet-based applications. Our high performance Layer 4-7 switching products allow enterprises and Internet service providers to direct traffic flow more efficiently, based on application type and end user, while also allowing Internet service providers to offer their customers differentiated, fee-based quality of service. By providing high levels of performance and network intelligence capabilities at leading price points we provide a comprehensive solution to address the rapidly growing networking market. USE OF PROCEEDS: The proceeds from the offering will be used for working capital and general corporate purposes. COMPETITION: We believe that we compete favorably in the key competitive factors that impact our markets, including technical expertise, price points, new product innovation, product features, service and support, brand awareness and distribution. We intend to remain competitive through ongoing investment in research and development efforts to enhance existing products and introduce new products. We will seek to expand our market presence through aggressive marketing and sales efforts and through the continued implementation of cost reduction efforts. However, our market is still evolving and we may not be able to compete successfully against current and future competitors. The market in which we operate is highly competitive. Cisco maintains a dominant position in this market and several of its products compete directly with our products. Its substantial resources and market dominance have enabled it to reduce prices on its products within a short period of time following the introduction of these products, which reduces the margins and profitability of its competitors. Purchasers of networking solutions may choose Cisco's products because of its longer operating history, broad product line and strong reputation in the networking market. In addition, Cisco may have developed or could in the future develop new technologies that directly compete with our products or render our products obsolete.