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

To: Dan B. who wrote (739)	9/15/1999 4:26:00 PM
From: Spaw	Respond to of 1762

DB: On a technical basis, this stock was a SCREAMING buy today. Breakout of long term trading range on HUGE volume. We'll see... but I'm in. --spaw--

To: Dan B. who wrote (739)	9/15/1999 4:31:00 PM
From: Rob Preuss	Respond to of 1762

New highs with over 4x average volume today. The old 52 week high was $15+1/4. We reached an intraday high of $16+1/4 before we closed at $15+3/4. There was big trading volume in the first hour of trading which caused us to hit the intraday high... then trading volume and the price trailed off. A 2nd rally came by mid-afternoon and we hit the intraday high once again. Trading volume was nearly 3 million. All this on a down day for the overall market. The NASDAQ was down more than 54 points and every other stock I'm involved with was down. I wonder how we would have fared in an up market? I'd say this was quite a good day for us. Hopefully, this will break us out of the oscillatory pattern that we've been stuck in since last Spring. Rob