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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: nokomis who wrote (65436)	10/8/1999 8:40:00 PM
From: puborectalis	Respond to of 120523

Vixl.....VIXEL LOGIC The Bothell, Washington-based Vixel develops SAN solutions that use Fibre Channel technology, which facilitates faster data transmissions between computers and storage devices. The company reported 1998 revenues of $39.4 million, up 73.1 percent from a year earlier. Vixel ships to more than 30 equipment manufacturers and resellers, representing an installed base of more than half a million Fibre Channel ports. Companies such as Compaq Computer (NYSE: CPQ), Hewlett-Packard (NYSE: HWP), IBM (NYSE: IBM), and Sun Microsystems (Nasdaq: SUNW) use Vixel's products. Sun Microsystems alone represented about 54 percent of Vixel's 1998 total sales. Mr. DeGraw likes Vixel's prospects. "Modern e-commerce is calling for continuous access to high volumes of data from multiple networks and Web sites," he wrote in a recent report. "Vixel provides an alternative. Instead of restricting data access to what is known as captive servers, its products allow any server to access any data storage device across any network." He expects the IPO to end its first day up 90 percent or more, "followed by some modest near-term aftermarket appreciation." If Mr. DeGraw and history proves right, Vixel is headed for our Hall of Fame.