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

To: Rob Preuss who wrote (772)	10/19/1999 4:59:00 PM
From: Rob Preuss	Read Replies (1) \| Respond to of 1762

So, my previous post shows Prudential is estimating FY01 (ending 3/01) EPS of $0.58. This link gives a 12-month forward PEG in excess of 2. earnings.nasdaq-amex.com While this link gives a long-term growth rate of 20% earnings.nasdaq-amex.com Putting the last two item together gives us a 12-month forward PE ratio of 40. Then, combining this with earnings of $0.58, gives us a price target in excess of $23/share. I bought some more this morning and then I bought more again later this afternoon. DMIC won't stay at this low for very long. Rob BTW> A block of 25,000 traded for 13+3/16 after the close at 4:09:54 PM.