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Technology Stocks : Stratex Networks, Inc. (STXN)
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To: Czechsinthemail who wrote (1622)4/11/2005 6:17:50 PM
From: Rob Preuss  Read Replies (1) of 1762
 
Baird,

I agree completely. The Q4 FY05 results (due out very soon now) will test just how forward-looking the market really is. I'll be looking for strength in Eclipse sales and orders, along with any other forward-looking information, to boost the share price. The past is over (and not particularly pretty); if the market decides to focus on the past instead of the future, the share price will languish for another quarter. But I expect STXN to break even (and the share price to rise) by Q1 FY06 if it hasn't already done so by Q4 FY05.

I wonder if a rising dollar (or, rather, the threat of a rising dollar) will catalyze sales as non-US customers try to take advantage of favorable exchange rates?

Rob
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