Stratex Networks, Inc. (STXN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Stratex Networks, Inc. (STXN)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Arrow Hd. who wrote (1627)	1/30/2006 7:12:29 PM
From: Rob Preuss	Read Replies (1) of 1762

Today's Winners Shares of Stratex Networks (STXN:Nasdaq) rose 7% after the high-speed wireless-transmission systems company signed a four-year license agreement with Alcatel (ALA:NYSE ADR). The deal calls for Stratex to license certain Eclipse software and products to Alcatel. Financial terms weren't disclosed. Shares of Stratex were trading up 26 cents to $4.07. ======= Actually, we closed at $4.10/share (up $0.29) for a gain of 7.6% on enormous trading volume of 2.4 million shares (about 6x normal volume). The share price gapped up before the open and trading remained in a fairly tight range ($3.95 to $4.14) all day. The range was even tighter ($4.00 to $4.10) if you exclude a few early morning fluctuations. I wonder why they made no mention of the new product announcement.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next