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Technology Stocks : Stratex Networks, Inc. (STXN)
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To: Rob Preuss who wrote (1611)12/8/2004 1:16:40 PM
From: The Ox  Read Replies (1) of 1762
 
From my view, it had to be done. Business just hasn't picked up enough to justify their huge overhead. I feel bad for the employees who are going to be laid off but that's the way it works when your company trades on Wall Street. It will be interesting to see the next earnings report, where we will get more detailed info.
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