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Technology Stocks : Stratex Networks, Inc. (STXN)

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To: Bernard Levy who wrote (1220)12/4/2000 10:33:37 AM
From: Rob Preuss  Read Replies (1) of 1762
 
[Kevin Landis' Firsthand Funds - STXN Investment History]

Firsthand Funds: Holdings of STXN

Source: <http://www.firsthandfunds.com/>

Thousands of shares of STXN held on the last day of the month.

Fund Sep'00 Aug'00 Jul'00 Jun'00 May'00 Apr'00 Mar'00 Feb'00 Jan'00 Dec'99 Nov'99 Oct'99 Sep'99 Aug'99
============== ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======
e-Commerce 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 --- ---
Communications 634.6 634.6 634.6 634.6 634.6 634.6 634.6 634.6 238.0 138.0 0.0 0.0 --- ---
TechInnovators 1136.0 1136.0 1136.0 1336.0 1336.0 1336.0 1336.0 1336.0 1336.0 1206.5 892.0 387.5 225.0 0.0
TechLeaders 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
TechValue 5667.0 5667.0 5667.0 5667.0 5667.0 5667.0 4667.0 2472.0 2222.0 1949.0 1358.0 340.0 225.0 0.0
============== ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======
TOTALS 7437.6 7437.6 7437.6 7637.6 7637.6 7637.6 6637.6 4442.6 3796.0 3293.5 2250.0 727.5 450.0 0.0

Increase 0.0 0.0 -200.0 0.0 0.0 1000.0 2195.0 646.6 502.5 1043.5 1522.5 277.5 450.0

STXN Monthly Share Price History (from SI historical price data)
Low 14.375 19.125 25.437 27.812 23.125 22.000 31.000 30.500 20.000 15.312 12.812 11.875 13.000 10.500
High 28.000 27.375 43.000 41.000 37.188 38.813 48.500 40.875 42.250 25.813 18.125 18.125 16.250 15.000

Landis’ Weighted Average Share Price
Assuming he bought all shares at monthly lows: $21.531
Assuming he bought all shares at monthly high: $34.016

Market Commentary on 11/30/00
<http://www.firsthandfunds.com/news/2000-11-30_market_commentary.html>

Landis’ description of STXN:
<http://www.firsthandfunds.com/funds/tif/companyprofiles.html>

DMC Stratex Networks, Inc. (STXN) provides digital microwave radios for use in wireless communications
networks. The company's customers include wireless telephone service providers and network equipment
manufacturers, including BellSouth PCS, Winstar, Nortel, Motorola, and Siemens. The wireless
communications industry is more than just cellular phones. It now includes companies, such as Winstar
and Teligent, which provide wireless access to high-speed data networks. In the future, wireless
technologies will be used to deploy basic communications infrastructure in developing nations such as
China and India. As one of the emerging leaders in providing microwave radios, we believe that DMC
Stratex Networks has tremendous potential for growth.
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