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Technology Stocks : Vixel (vixl), a fibre channel company! -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (81)	10/3/1999 12:44:00 AM
From: Gordon Gekko	Read Replies (1) \| Respond to of 377

I suggest you peruse the S-1 filing if you want the specific details. However, this article does mention it. zdii.com Those items you mentioned are not good comparisons. VIXL offered them money to stay with their product because SUNW was tired of the high failure rate. It is not like they were offering them stock to lure their business in the first place, but in fact to keep it. GG

To: Tom Hua who wrote (81)	10/3/1999 12:54:00 AM
From: Nine_USA	Respond to of 377

<As for issuing 150,000 shares to SUNW, that's nothing. ANCR offered SUNW options for several million shares with strike price in single digits> There are several incorrect statements in your post: 1. ANCR offered UP to 1.5 million warrants to SUNW. 2. For SUNW to obtain them all, they had to buy $100,000,000 in Ancor switches within 3 years. 3. In contrast, the warrants provided to SUNW by VIXEL did NOT require any purchase of Vixel product but were given to make right the delivery to SUNW of unreliable VIXEL hardware.