Network Computing is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Brocade's Slip-Sliding SilkWorm: Page 2 of 4

Equity research firm, Needham & Co. downgraded Brocade yesterday to a Hold rating from Buy. In a research note to investors, Glenn Hanus, principal analyst with the firm, said: “Our checks with Brocade over the last couple of months suggest delivery of its Core switch has been gradually slipping.”

Hanus was unable to provide specific details on what’s holding up the 12000, but he said he is also concerned by the eventual entry of Cisco Systems Inc. (Nasdaq: CSCO) as a direct competitor to Brocade, likely by the end of 2002.

Brocade’s late shipment of the switch was confirmed by Marc Staimer, industry analyst and president of Dragon Slayer Consulting, an independent storage consultancy.

“The 12000 is continually sliding to the right,” says Staimer, “All end-user betas are late.” He puts the delay down to Brocade not having a complete working version of the software yet.

The essential piece of code that is still missing, according to Staimer, is the ability to mesh the switches together, which provides a more flexible, non-blocking configuration. The current generation of the switch (SilkWorm 3800) is limited to cascading the switches together in a string. In this configuration, switch A talks to switch B, which talks to switch C. In a meshed network, any switch can talk to any other switch on the network.