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

From: Rob Preuss	1/31/2006 6:09:47 PM
	of 1762

Hula Hula Halleluja! I'd expected a small sell-off today following the huge run-up yesterday. But I'm delighted to be wrong! We had significantly better-than-average volume and the share price held up quite well all day. Even better, the close was actually UP by $0.05/share to $4.15 which represents a new 52-week high. Now, before I get too giddy, I want to note that stock prices never go anywhere in a straight line (not for long anyway). So lets not get discouraged if we see some drop-off in share price toward the end of the week. The trend is clearly UP and it seems plenty of investors agree that the stock will continue to move up in the weeks and months ahead. I'm particularly eager to see the share price hit the magic number of $5/share. At that price, STXN will clearly be on the radar screen for some big players who can push this toward double-digits by big steps of $0.50 to $1.00 in a single day.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next