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

To: Rob Preuss who wrote (1000)	8/17/2000 12:18:17 PM
From: Rob Preuss	Read Replies (1) \| Respond to of 1762

[Update on Kevin Landis' holdings...] As of 30 June 2000, Firsthand Capital Management held 7,687,600 shares of DMIC (now STXN) with a total value of $293,090,000 ($38.125/share). That's 50,000 shares more than they held at the end of May. Source: sec.gov This is a Form 13-F, filed with the SEC on 8/14/2000, which shows all FirstHand Funds holdings as of 30 June 2000. According to this form, their largest holdings are: CORNING $ 416 M SEAGATE $ 357 M PMC SIERRA $ 318 M VITESSE $ 299 M DMIC $ 293 M WIND RIVER $ 281 M TRANSWITCH $ 240 M ======== $2,204 M while their total holdings are $7,137 M.

To: Rob Preuss who wrote (1000)	9/1/2000 6:51:05 PM
From: Rob Preuss	Read Replies (2) \| Respond to of 1762

[Kevin Landis' Firsthand Funds - STXN (formerly DMIC) Investment History] Firsthand Funds: Holdings of STXN (formerly DMIC) Source: <http://www.firsthandfunds.com/> Thousands of shares of STXN (formerly DMIC) held on the last day of the month. Fund Jul'00 Jun'00 May'00 Apr'00 Mar'00 Feb'00 Jan'00 Dec'99 Nov'99 Oct'99 Sep'99 Aug'99 ============== ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= e-Commerce ======= 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 --- --- Communications ======= 634.6 634.6 634.6 634.6 634.6 238.0 138.0 0.0 0.0 --- --- TechInnovators ======= 1336.0 1336.0 1336.0 1336.0 1336.0 1336.0 1206.5 892.0 387.5 225.0 0.0 TechLeaders ======= 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TechValue ======= 5667.0 5667.0 5667.0 4667.0 2472.0 2222.0 1949.0 1358.0 340.0 225.0 0.0 ============== ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= TOTALS ======= 7637.6 7637.6 7637.6 6637.6 4442.6 3796.0 3293.5 2250.0 727.5 450.0 0.0 Increase ======= 0.0 0.0 1000.0 2195.0 646.6 502.5 1043.5 1522.5 277.5 450.0 STXN Monthly Share Price History (from SI historical price data) Low 25.437 27.812 23.125 22.000 31.000 30.500 20.000 15.312 12.812 11.875 13.000 10.500 High 43.000 41.000 37.188 38.813 48.500 40.875 42.250 25.813 18.125 18.125 16.250 15.000 Landis’ Weighted Average Share Price Assuming he bought all shares at monthly lows: $21.531 Assuming he bought all shares at monthly high: $34.016 Landis’ Market Commentary on 5/30/00 <http://www.firsthandfunds.com/news/2000-05-30_market_commentary.html> What, specifically, are you doing in today's market? Kevin Landis: The same thing we've always done. We're applying our firsthand industry experience to identify great technology companies and purchase them at the best prices we can for our shareholders. When the market puts these companies on sale, we try to take advantage of that. We're not too concerned about the short-term gyrations in the market. We are investing for the long-term and feel comfortable as a buyer in this market. Landis’ description of STXN: <http://www.firsthandfunds.com/funds/tvf/companyprofiles.html> Digital Microwave Corp. (DMIC) provides digital microwave radios for use in wireless communications networks. The company's customers include wireless telephone service providers and network equipment manufacturers, including BellSouth PCS, Winstar, Nortel, Motorola, and Siemens. The wireless communications industry is more than just cellular phones. It now includes companies, such as Winstar and Teligent, which provide wireless access to high-speed data networks. In the future, wireless technologies will be used to deploy basic communications infrastructure in developing nations such as China and India. As one of the emerging leaders in providing microwave radios, we believe that Digital Microwave has tremendous potential for growth. Other Notes: As of 31 July 2000, STXN is among Landis' top 10 holdings in his TechInnovators Fund and his TechValue Fund. While competitors PCOM and ADAP are also held by these funds, they are not among the top 10 holdings; as of 6/30, competitor NTRO is not held in these funds at all.