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Gadzoox Beats Earnings Estimate: Page 3 of 3

QLogic Corp. (Nasdaq:
QLGC), which has a broader product line, matched analysts' estimates Tuesday
with $19 million in second-quarter earnings, or 20 cents a share, down from $20
million, or 21 cents, a year ago. Sales came in at $92 million, compared
with $77 million a year ago.

In after-market trading on Island, Gadzoox was at $2.35 a share, down from a
Tuesday close of $2.62. Vixel dropped to $2.65 from a $2.80 close. And
Qlogic dipped to $39.50 from $40.74.

— Tom Davey, special to Byte and Switch,

Movers and shakers from more than 100 companies – including Gadzoox Networks – will be speaking at StorageNet, Byte and Switch’s annual conference, being held in New York City, October 2-5, 2001. Check it out at StorageNet2001