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Technology Stocks : Stratex Networks, Inc. (STXN)

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To: Rob Preuss who wrote (641)	1/7/1999 7:59:00 PM
From: Rob Preuss	Read Replies (3) of 1762

>Thursday January 7, 6:39 pm Eastern Time > >RESEARCH ALERT - Digital Microwave raised > >MINNEAPOLIS, Jan 7 (Reuters) - Dain Rauscher Wessels said >Thursday it raised its rating on wireless communications >products maker Digital Microwave Corp., saying the market >for its products had stabilized. > >-- ''We believe the market for microwave radios has stabilized >and that any incrementally positive news will be enough to lift >the shares of leading infrastructure suppliers such as Digital >Microwave,'' analyst John Adams said in a research note. > >-- Adams said the microwave radio market saw severe pricing >pressure in 1998, but trends appeared to have stabilized. > >-- Adams set a 12-month price target of $13 a share, and said >the downside risk was about $6 a share. > >-- The stock was up 13/16 at 8-13/16.

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