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


To: Shankar Kumar who wrote (1068)9/14/2000 4:46:04 PM
From: Rob Preuss  Read Replies (1) | Respond to of 1762
 
Wow... nasty fall... all based on exchange rate comments
out of Tucker Anthony? Its hard to believe...

Yes, Dan Spaulding returned my call... but I was
out of the office at a meeting. So now I'm playing
phone tag with him.

Unless there is something I haven't heard about... this
seems like a great place to buy STXN. It makes no sense
to me at all that we're trading this low. We should be
trading at double or even triple the current price.

Rob



To: Shankar Kumar who wrote (1068)9/14/2000 4:49:22 PM
From: Czechsinthemail  Read Replies (1) | Respond to of 1762
 
Couldn't find any signs of downgrades. Here are the most recent broker announcements via Bloomberg -- both were posted yesterday:

DMC Stratex Networks Rated New `Outperform' at Morgan Stanley
By Sybil Carlson
Princeton, New Jersey, Sept. 13 (Bloomberg Data) -- DMC Stratex Networks Inc. (STXN US) was rated new ``outperform'' in new coverage by analyst Arindam Basu at Morgan Stanley Dean Witter. The price taget is $35.

DMC Stratex Reiterated `Strong Buy' at Dain Rauscher Wessels
By Sybil Carlson
Princeton, New Jersey, Sept. 13 (Bloomberg Data) -- DMC Stratex Networks Inc. (STXN US) was reiterated ``strong buy'' by analyst Michael Brown at Dain Rauscher Wessels. The price target is $54.