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


To: PashaBear who wrote (165)10/12/1999 9:01:00 PM
From: SunSunM  Read Replies (1) | Respond to of 377
 
Can anyone tell me why VIXL is a good buy at this level, other than technical, momentum and sympathy, don't get me wrong, these are good reasons to buy. I don't know how the company's product stacks up with their competitors', however according to Yahoo's company profile:

For the 26 weeks ended 7/4/99, total revenue rose 4% to $22.1 million. Net loss applicable to Common totalled $10 million, up from $4 million.

Other competitors have 105% (BRCD), 70% (ZOOX) increase in revenue, VIXL has only 4%. Do they have superior product in the pipeline and it is going to change soon, say in the next quarter? Thanks in advance.

Regards,

KC.