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Technology Stocks : Stratex Networks, Inc. (STXN)

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To: lazarre who wrote (953)6/19/2000 10:45:00 AM
From: Rob Preuss   of 1762
 
L,

Yeah... NTRO is trading on hype & hope... not real earnings.

The rumor that Nokia will buy NTRO is bull. Nokia
even issued a statement to that effect. It was
all someone's overly active imagination.

DMIC has real earnings... and those earnings are
quite predictable. That seems like dullsville to
some folks, but you can bet that the street will
(sooner or later) recognize the value of solid
growth and real earnings.

I'm happy to see DMIC in the upper 30's now (since
we were in the 20's not long ago). The fact that
NTRO is in the upper 40's now merely reflects all
the hype & hope. NTRO won't stay there and DMIC
will soon get to the upper 40's. Indeed, some
analysts are calling for DMIC to reach the mid-60's
and I'm comfortable with that projection.

I see DMIC in the upper 40's by the end of the Summer
and we'll be tickling 60 around the end of this year.
Its even quite possible we'll see a 2:1 split this year.

Rob

PS) I've seen folks on the Yahoo! thread predict DMIC
will reach $100 by year-end. I don't think that will
happen on the basis of solid fundamental analysis
alone... but the market is emotional and, as such,
its apt to bid up the shares - on that basis, the
idea that we could reach $100 is not unreasonable.
After all, NTRO got to over $100 recently and they're
not half as good a company as DMIC.
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