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Technology Stocks : Stratex Networks, Inc. (STXN)
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To: Rob Preuss who wrote (642)1/8/1999 12:12:00 PM
From: Arrow Hd.   of 1762
 
This is a classic case of where the analysts, due to DD and
conservativism, never catch the exhaustion low and the basing as the
fundementals start to recover. They give up two and three baggers
and then recommend the stock for a 50% move. They are worse on the
way down. I think his target is low. I think mid to upper teens or
more. Wireless is a huge opportunity world-wide for all kinds of
communications needs including Internet access for sub-PC appliances.
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