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Technology Stocks : Aviat Networks
AVNW 22.84-1.9%3:11 PM EST

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To: Rob Preuss who wrote (73)8/8/2007 3:54:51 PM
From: Rob Preuss   of 312
 
Wednesdays Tech Winners...

Shares of Harris Stratex Networks (HSTX) jumped 15.2% after the wireless network company posted better-than-expected fourth-quarter earnings. The company reported adjusted earnings of $10.3 million, or 18 cents a share, on revenue of $174.1 million. Analysts expected earnings of 14 cents a share.

Looking ahead, Harris Stratex sees fiscal 2008 earnings of $1.05 a share to $1.22 a share on revenue of $670 million to $702 million. Analysts project earnings of $1.04 a share on revenue of $670.3 million. Shares were trading up $2.63 to $19.98.
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