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More Beaver Tales: Page 6 of 9

— Penta Gone

Dear Penta,

Right, so this Lockheed Martin deal is said to be the largest channel deal in QLogic's history. The distributor was Bell Microproducts (Nasdaq: BELM). I'm told the sale consisted entirely of QLogic's SANbox2-16 16-port switches (not the 64-port model, as the guys at RBC Capital Markets had reported).

My sources didn't have an exact dollar figure for the Lockheed order, but it was easily in the millions of dollars: It included several hundred of the 16-port switches, which will be installed (in redundant configurations) in 32 nuclear submarines. "And this is just the beginning," says an industry source in the know. SANs on subs? Man, didn't these guys see Das Boot?!

Dear Bob the Beaver,