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

To: Rob Preuss who wrote (777)	11/8/1999 10:08:00 AM
From: Rob Preuss	Read Replies (1) \| Respond to of 1762

Monday November 8, 9:07 am Eastern Time Company Press Release SOURCE: The Wall Street Transcript Digital Microwave Corp. CEO Charles Kissner talks to The Wall Street Transcript NEW YORK, Nov. 8 /PRNewswire/ -- The Wall Street Transcript has published an in-depth interview with Charles D. Kissner, CEO of Digital Microwave Corporation (Nasdaq: DMIC - news), in which he talks at length about his company's future. The entire 2,600 word interview is available free online at twst.com. He states, ``The company was founded in 1984, and it was founded on the concept of providing a cost-effective radio system that could be used in place of wires or fiber. The timing was right. Deregulation was taking place, and people were open to new networks and new technologies. This cost- effective radio concept was a breakthrough in microwave technology because, prior to that, microwave radios were mostly very large and expensive.' He explains, ``In 1995, the current management team came in. It focused on delivering a major product line that had been very late to market, and subsequently generated a number of other new products, expanded the market coverage, put in quite a bit of discipline in terms of the day-to-day operations, asset management and so on. The company turned around quite nicely and rode up to record revenues and up to record sales. It reached well above $350 million. The company gained a position all over the world with cellular operators who were building up their networks.' Looking forward, he states, ``The broadband requirement for networks is far and away the largest thing that's hit the market in many, many years. Obviously, a lot of that is driven by Internet and other data requirements; but it's also driven by a tremendous mix of communication requirements of all kinds all over the world.' This interview is part of the 192-page Deutsche Banc Alex. Brown TECH 99 Conference Issue available at twst.com and is also part of The Wall Street Transcript's Technology sector available at twst.com or by calling 212-952-7433. The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors for over 35 years. TWST offers free excerpts of analyst and money manager interviews featuring their recommendations at twst.com The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call 800-246-7673. SOURCE: The Wall Street Transcript