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Technology Stocks : Stratex Networks, Inc. (STXN)

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To: Pete Young who wrote (1109)10/11/2000 1:16:39 PM
From: Rob Preuss  Read Replies (2) of 1762
 
Investment in Endwave?

Folks on the Yahoo! thread are saying that STXN
bought 450,000 shares of Endwave for $14/sh.

Endwave is not publicly traded. Its a maker of
ultra-miniaturized millimeter-wave transceivers
using advanced flip-chip manufacturing technology.

Here is Endwave's URL: <http://www.endgate.com/>
I have a call in to Endwave and to Dan Spaulding
(STXN) to try and confirm the above investment rumor.

I could imagine that the transceivers made by
Endwave could be a critical component for STXN's
new ultra-broadband radio products, which are due
to be formally announced within a couple months.
I could imagine that STXN would want to ensure
that they have adequate supplies of these critical
components by investing in Endwave. I could also
imagine Endwave having an IPO which would make
STXN's investment worth a lot more than they paid.

Rob
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