Stratex Networks, Inc. (STXN) Message Board

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Technology Stocks : Stratex Networks, Inc. (STXN)

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To: Michael Young who wrote (1665)	11/9/2005 7:44:38 PM
From: Rob Preuss	Read Replies (1) of 1762

STXN has started moving up quite solidly. Volume today was over 1.2 million shares. Largest single trade was about 100K shares. After that, there were about a half dozen trades of about 50K. Innumerable smaller trades made up the difference. Closing price was $3.11 with light after-hours trading at $3.14. Institutions are accumulating now. I think more will climb on board after we reach $5. Company will (finally) reach profitability this quarter. New products coming out in January will further enhance the future outlook on earnings and growth. Its not unreasonable to think that the share price might break into double-digits by next Spring. I'm holding firmly onto my (many) shares. Rob

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