Stratex Networks, Inc. (STXN) Message Board

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Technology Stocks : Stratex Networks, Inc. (STXN)

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To: Jim Lou who wrote (794)	12/13/1999 3:14:00 PM
From: Rob Preuss	Read Replies (2) of 1762

A new 52 week high again today! We just hit 19+15/16 on significant volume in the past hour. We may well break through 20 today, but, more importantly, this run has much much further to go. I've built a huge position in this stock over the past couple years (i.e., I'm sitting on some big capital gains) and I'm not even close to being ready to unwind this position yet. To anyone not in: You might still look to get in on dips/pullbacks. I would not be surprised to see the price double from here. With the Asian crisis over, and their full line of Altium products now available, DMC should show some strong numbers over the next few quarters. I'm also hoping that they come up with a point-to-multipoint technology soon; while Netro and P-COM have nothing but PTMP, DMIC has everything but PTMP...

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