Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (65178)	10/7/1999 4:40:00 PM
From: kendall harmon	Respond to of 120523

PROX--did any of you MGErs see that sell off today? Looks overdone to me. Dain Rauscher Wessels: UPGRADE Strong Buy-Aggressive Buy Has $69 tgt; says Q3 should meet or beat HIGH end ests. ** Hambrecht & Quist Hambrecht & Quist Hambrecht & Quist ** Company: Proxim Price: 39.5 Recommendation: Buy - Focus List Notes: a,e Date: 10/7/99 Rumors Unfounded; Reiterate BUY * PROX shares are down this morning on rumors the Company is being displaced at Intermec. * We believe PROX's relationship with Intermec is solid and note the Intermec has announced its support of HIPERLAN, PROX's high-speed technology solution. * Business trends are strong, and we anticipate upside to our Q3:99 estimate and an upbeat outlook from management. * We also expect continued progress on the home networking front through expansion of distribution for Symphony and advancement in the HomeRF commercialization effort.