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Technology Stocks : Stratex Networks, Inc. (STXN)
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To: Shankar Kumar who wrote (1215)11/16/2000 2:07:09 PM
From: Czechsinthemail  Read Replies (2) of 1762
 
Shankar,

Though mention by Landis might be good for a short-term blip in the stock price, I don't think his failure to mention STXN is a big deal. Landis is a long-term investor who tries to buy companies he thinks will go up a lot and hold them for the ride. Some have suggested that he may have been accumulating more STXN recently. If so, he may not mention the stock until after he has bought all he wants.

My take on it is that Landis is right about the extremely positive future for STXN, so buying during times of price weakness is a great opportunity for those wanting to participate in its long-term appreciation. Even more so, when you consider that the near-term and intermediate-term prospects for STXN look very strong as well.
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