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


To: lazarre who wrote (961)6/21/2000 1:19:00 PM
From: Rob Preuss  Respond to of 1762
 
Dain Rauscher Wessels reiterates "Strong Buy-Aggressive". Target $54.

DMIC - Reiterated Strong Buy-Aggressive - Company is the
market leader in fixed wireless solutions for broadband
access. Target $54

netcognizance.com

Analyst Michael Brown (Vice President, Research Analyst)
covers DMIC, NTRO, and PCMS for Dain Rauscher Wessels.

Michael Brown has been with the firm since 1999. From
1990 to 1997, Mr. Brown was an independent consultant
specializing in telecommunications and internetworking.
Prior to that time, Mr. Brown worked as a Systems
Engineer for IBM, specializing in data networking. Mr.
Brown graduated from the University of California at
Berkeley with a Bachelor of Science degree in
Electrical Engineering. Mr. Brown also earned a Master
of Science degree in Ecology from the University of
California at Davis, where he was a National Science
Foundation Fellow, and an MBA degree from the Amos Tuck
School of Business at Dartmouth College.

dainrauscher.com



To: lazarre who wrote (961)6/23/2000 4:28:00 PM
From: Rob Preuss  Respond to of 1762
 
Unpleasant day & volatile week on the market...

Looks like we're down 3+1/16 today, to close at $35+7/16.
But the volume was very light: only 406,100 shares.

This is just about exactly where we started the week,
but (if I read my charts properly) it would seem that
more shares have been traded above $35+1/2 recently
than below $35+1/2. To me, this indicates that recent
new investors have a paper loss of a couple dollers/sh
and that they're unlikely to take this loss. From this,
I'd tend to conclude that we'll be headed back into
the $40's in the very near future (like next week).

Check out the historical prices...
siliconinvestor.com

Remember, we have one analyst with a $64/sh price target...
Message 13835725
and another analyst with a $54/sh price target...
Message 13919718

DMIC is a strong company with solid earnings in a hot
market sector... and its heavily on the radar screens
of some major institutional investors.

Have a good weekend,

Rob