Stratex Networks, Inc. (STXN) Message Board

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Technology Stocks : Stratex Networks, Inc. (STXN)

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To: Shankar Kumar who wrote (1071)	9/14/2000 5:44:33 PM
From: Rob Preuss	Read Replies (1) of 1762

Okay... I spoke with Dan Spaulding just now and the news is NO NEWS AT ALL. that is, Dan had no explanation for the mid-day price drop. Dan said that Tucker Anthony came out with their remarks (which he did not want to characterize as negative) this morning before the market opened... so he felt that this was not the reason for the mid-day price drop. Dan noted that the price rose this morning, following the MTI press release. I also asked him about options expiration and he said he didn't know anything about this - consequently, this is the only explanation I can hang my hat on as being plausible... if that's all it is, I'd expect a quick rebound. Maybe no news is good news. Rob

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