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To: Jenna who wrote (68256)	10/27/1999 1:48:00 PM
From: puborectalis	Respond to of 120523

Robertson Stephens Initiates Coverage of VIXL with a Buy Rating SAN FRANCISCO--(BUSINESS WIRE)--Oct. 27, 1999--Robertson Stephens Managing Director and Senior Communications and Networking Analyst Paul Johnson today initiated coverage of Vixel Corp. (NASDAQ:VIXL - news) with a Buy rating. Vixel manufactures and markets an end-to-end storage-interconnect solution consisting of Fibre Channel switches, managed and unmanaged hubs and intelligent transceivers. ``We are initiating coverage of Vixel with a Buy rating,' said Johnson. ``We expect an opportunity for upside surprise in revenues and earnings as the market for Fibre Channel accelerates over the next few years. Vixel has emerged as one of the leading vendors for Fibre Channel hubs and switches. We believe Vixel will have the opportunity to fully exploit the market's development.' ``Vixel recently reported solid, in-line September quarter results,' said Johnson. ``We estimate that unit growth in the company's fibre-channel-switching line was up by as much as 40 percent sequentially.' Clients interested in receiving more information should contact their salesperson at (415) 781-9700.