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Technology Stocks : Aviat Networks

AVNW 23.29

-3.6%

3:59 PM EST

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To: The Ox who wrote (169)	7/30/2008 4:54:27 PM
From: Rob Preuss	of 312

Ox, So I wonder whether the accounting problems were found within the old "Stratex Networks" portion of the business or the old "Harris Microwave Communications Division" side of the business. Amazing that they're just being discovered now, about 3-4 years after they started. Do you think the estimated cumulative hit to earnings ($18 to $25 million) takes into account the reduced taxes they will have to pay for those previous years. (I'm assuming they'll file amended tax returns for the company.) Please let me know what they say on the telecon as I may not be able to listen in. Rob

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