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Technology Stocks : Stratex Networks, Inc. (STXN) -- Ignore unavailable to you. Want to Upgrade?

To: Rob Preuss who wrote (718)	7/15/1999 1:43:00 PM
From: MskiHntr	Read Replies (1) \| Respond to of 1762

I like the company's comment that accompanied their earnings report "...the first quarter saw the highest level of orders in the last five quarters." : 07/14 4:32P (DJ) +DJ Digital Microwave 1Q Net Break-Even Vs Oper Loss 13c Story 6107 DJ Digital Microwave Earnings -2: 1Q Table, Comment >DMIC Digital Microwave Corp. - San Jose, Calif. 1st Quar June 30: 1999 1998 Sales $65,954,000 $63,211,000 Net income 160,000 a (15,482,000) Avg shrs (basic) 62,886,000 61,351,000 Avg shrs (diluted) 68,060,000 61,351,000 Shr earns (basic) Net income .... a (.25) Shr earns (diluted) Net income .... a (.25) Figures in parentheses are losses. a. Includes restructuring charges. Excluding charges, the company lost $8.3 million, or 13 cents a share. Digital Microwave Corp. (DMIC) said the first quarter saw its highest level of orders in the last five quarters, with particularly "strong" orders from Asia. The company makes wireless services for telephone network inter- connection and access. - In Kyung Kim; 201-938-5400 And, I see S.G. Cowen upgraded the company from Buy to Strong Buy.