Basic two host replication scenario, SSL failure

[Ivan Lezhnjov Jr.]

One more bit of information as a follow-up:

[root at imapsite-master scripts]# imtest -s -a zxy -m login -p imap -v localhost
starting TLS engine
setting up TLS connection
SSL_connect:before/connect initialization
write to 5555587EA850 [5555587F90B0] (89 bytes => 89 (0x59))
0000 16 03 01 00 54 01 00 00|50 03 01 4e 1b 14 bc 85
0010 b7 c3 8e 1f 21 b8 c8 49|2b 22 6c 1a a3 b4 7e 28
0020 fa d0 76 e3 0f cb 99 b4|e7 6b 31 00 00 28 00 39
0030 00 38 00 35 00 16 00 13|00 0a 00 33 00 32 00 2f
0040 00 05 00 04 00 15 00 12|00 09 00 14 00 11 00 08
0050 00 06 00 03 00 ff 02 01|
0059 - <SPACES/NULS>

SSL_connect:SSLv3 write client hello A
read from 5555587EA850 [5555587F08A0] (5 bytes => 5 (0x5))
0000 2a 20 4f 4b
0005 - <SPACES/NULS>

write to 5555587EA850 [5555587FEA90] (7 bytes => 7 (0x7))
0000 15 20 4f 00 02 02 46
SSL3 alert write:fatal:protocol version
SSL_connect:error in SSLv3 read server hello A -1
SSL_connect error -1
SSL session removed
failure: TLS negotiation failed!

This doesn't tell me anything at all. Can someone please interpret
this output in layman language?