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To: J Fieb who wrote (3141)	4/19/2001 5:20:20 PM
From: J Fieb	Read Replies (1) \| Respond to of 4808

Here is MCDT initial guidance...Gus can you summarize the call for us? As is true for many companies, the economic slowdown has affected McDATA's near-term visibility and, therefore, the company's ability to provide forward-looking guidance on likely results. As already noted, McDATA has revised its guidance to anticipate revenue growth of 40 percent to 45 percent, year-over-year, in the second quarter and 50 percent to 60 percent for the full year, both of which are dependent on factors such as continued market growth and other industry trends. McDATA also believes it would be helpful in this environment to provide investors with a best-guess range of EPS guidance, which the company plans to update as visibility improves in subsequent quarters of this year. On that basis, current guidance is for pro forma fully diluted EPS to be in a range of $.04 to $.06 in the second quarter, and flat within a range of slightly lower-to-slightly higher EPS for the full year 2001 in comparison to 2000 results. Further guidance on assumptions will be provided on the company's conference call today.