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Technology Stocks : Stratex Networks, Inc. (STXN)
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To: Rob Preuss who wrote (1607)10/27/2004 2:44:24 PM
From: The Ox  Read Replies (1) of 1762
 
Volume preceeds price, is an old adage for the market. Looks very likely that we are getting a final washout of the weak hands. I don't think there's any rush to load the boat and it's probably wise to wait and see exactly how this one shakes out.

Earnings were solid but the market is not paying any attention to the future beyond one quarter out.
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