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Technology Stocks : Stratex Networks, Inc. (STXN)
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To: Boonear Siangchin who wrote (711)7/14/1999 5:10:00 PM
From: Rob Preuss   of 1762
 
DMIC reports return to profitability...

$160K in net earnings ($0.00 EPS) on $66.0M in sales.

$67.8M in new orders (25% more than in the year-ago quarter)
of which 47% are from new products (Altium, DART, XP4, DXR700).
Orders string in all geographic areas; Asia orders were the
strongest they've seen for some time. Also, an increasing number
of combined product orders (Altium+one of the others) demonstrates
the leverage of their new broader product line.

New service center for Asia/Pacific customers opened.

Began shipments of new network management software (ProVision)
that supports all DMIC products in one system.

"We believe momentum is growing, and we plan to capitalize
on that momentum with additional new products and market
initiatives during this fiscal year."
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