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Technology Stocks : Stratex Networks, Inc. (STXN)
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To: Rob Preuss who wrote (1267)1/23/2001 10:47:57 AM
From: Czechsinthemail  Read Replies (1) of 1762
 
Rob,

I think there are two important items in the announcement. One is that it is an Altium order. During the conference call, there were some concerns about about a slowdown in Altium orders, so it is nice to see new orders in this area. Second, it gives an indication of further growth in the European market, which I think should be relatively more important to STXN as the US economy is weaker.

I think as the year progresses STXN's performance will look increasingly good in comparison with the weakness in other companies. More importantly, the forward guidance will continue to improve as we move toward a 3G buildout in Europe and an economic recovery in the US.
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