Stratex Networks, Inc. (STXN) Message Board

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Technology Stocks : Stratex Networks, Inc. (STXN)

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To: lazarre who wrote (961)	6/23/2000 4:28:00 PM
From: Rob Preuss	of 1762

Unpleasant day & volatile week on the market... Looks like we're down 3+1/16 today, to close at $35+7/16. But the volume was very light: only 406,100 shares. This is just about exactly where we started the week, but (if I read my charts properly) it would seem that more shares have been traded above $35+1/2 recently than below $35+1/2. To me, this indicates that recent new investors have a paper loss of a couple dollers/sh and that they're unlikely to take this loss. From this, I'd tend to conclude that we'll be headed back into the $40's in the very near future (like next week). Check out the historical prices... siliconinvestor.com Remember, we have one analyst with a $64/sh price target... Message 13835725 and another analyst with a $54/sh price target... Message 13919718 DMIC is a strong company with solid earnings in a hot market sector... and its heavily on the radar screens of some major institutional investors. Have a good weekend, Rob

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