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Technology Stocks : Stratex Networks, Inc. (STXN)

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To: Arrow Hd. who wrote (1568)3/11/2004 1:28:28 PM
From: Rob Preuss  Read Replies (1) of 1762
 
I saw the slides but have not (yet) heard the audio
due to technical difficulties... suggest you visit the
STXN web site and follow the links to hear a replay
of the presentation yourself. From the slides I saw,
there was nothing to cause a share price plunge...
the only potential negative is that they're predicting
it will take 12 months to reach profitability. There
is some discussion on yahoo wherein some folks
seem to think STXN could end up merging with
a larger company... I hope that doesn't happen,
but I'm curious whether there was anything in the
audio portion of the presentation to cause people
to think this might happen. I picked up more
shares recently at $4.88. Would have been better
to have waited until last night or this morning,
but I'm a patient investor and I'm confident that
we'll see the north side of $10 before the year is out.
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