Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Emulex, What Prospects? -- Ignore unavailable to you. Want to Upgrade?

To: Sr K who wrote (736)	9/7/2000 9:43:08 PM
From: Boplicity	Read Replies (1) \| Respond to of 788

Gadzoox Networks (ZOOX: news, msgs) said second quarter revenue will be 15 percent to 25 percent below expected revenue of $9 million. Also, the tech company will provide a one-time reserve of between $9 million and $11 million for production cancellation penalties and excess inventory that was manufactured in reliance on the company's earlier internal forecasts. Gadzoox' new Capellix family of switches has not been selling as good as expected. Gadzoox shares were halted after closing up 19 cents to $10.31.