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Vixel Crosses Over: Page 3 of 3

Vixel also just unveiled its SAN software, which supports all the major FC switches (see SNW: Day One), and it has OEM deals for its new product with integrators Fujitsu Softek and Sagitta Performance Systems.

Based on this, management's optimistic about its long-term goals, while acknowledging some short-term difficulties. For the next quarter, it expects $4.6 million to $5 million in revenues, but a loss per share of $0.22 to $0.24. Gross margins will climb back to the high 30s, however, and by the end of 2002, management expects a return to profitability.

Mary Jander, Senior Editor, Light Reading
http://www.lightreading.com