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Technology Stocks : Stratex Networks, Inc. (STXN)

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To: Rob Preuss who wrote (1617)3/28/2005 12:54:06 PM
From: The Ox  Read Replies (1) of 1762
 
It will be interesting to see how fast the new Eclipse systems sell and what margins they are able to achieve. So far, the company is plugging along but I think they should start showing better financial performance going forward. I was very disappointed with the last quarter but I wasn't really surprised by the numbers.

I don't expect the stock to do much without a major improvement in their numbers. I'm guessing, we've still got a few quarters to wait but I'm hoping I'm wrong. In my book, the stock is definitely worth the current price. At the same time, the market gurus are panning small and micro cap tech stocks and there is negative sentiment towards most of the companies in this space. These issues don't bother me one little bit but they may affect how long a wait we have before the stock starts to move upward and breaks out of this trading range we've been in for roughly the past 6 months.

I'm patiently waiting and trading the small swings when time and money permit.

jmo
mh
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