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

To: Rob Preuss who wrote (1090)	9/15/2000 3:21:11 PM
From: Czechsinthemail	Read Replies (1) \| Respond to of 1762

I was away for awhile and missed the drop to 17.25. Too bad, since I would have liked to pick up more around that price. The stock has bounced back smartly from there. Looks like it may have bottomed. Congratulations to the adventurous bottom-fishers!

To: Rob Preuss who wrote (1090)	9/15/2000 3:24:34 PM
From: Techplayer	Read Replies (1) \| Respond to of 1762

Rob, that is interesting. Kopp is a big fan of the old DMIC. Take a look at the performance of his fund over the last year. the symbol is koppx. tp

To: Rob Preuss who wrote (1090)	9/15/2000 4:23:52 PM
From: Rob Preuss	Respond to of 1762

I just got off the phone with Dan Spaulding of STXN's investor relations department. The only interesting tidbit of news I was able to glean from Dan was that, according to one of the market makers, Morgan Stanley Dean Witter sold a lot of shares yesterday. Should we be surprised that MSDW also just initiated coverage with an "outperform" rating on 9/13/00... biz.yahoo.com For further history on analyst coverage see biz.yahoo.com Well, it was an interesting day... in the end we closed at $19+7/8... down only 1/64 from yesterday's close. The recovery began shortly before 3:00 PM on heavy volume and, although the volume trailed off, the price continued to recover pretty steadily until the close. Ever the optimist, I view this positively. I think it shows that the seller(s) finally had gone away by 3:00 PM and I hope it means that they're finished selling. But Briefing.Com thinks the market as a whole may see some additional selling pressure next week: === Updated: 15-Sep-00 15:30 ET Dow -141, Nasdaq -98, S&P -19.12: [BRIEFING.COM] The Dow and the Nasdaq were able to temporarily work off the late afternoon low but the recovery was far from convincing with both beginning to weaken once again... There is no incentive for market participants to begin to bargain hunt in front of the weekend give the poor performance over the last few sessions... Technically the market is oversold but given the extent of the negative momentum, follow through selling would seen likely early next week. DJTA -29.19... DJUA +4.77... SOX -32.11... DOT -17.57... XOI +17.86... BTK -3.48... NYSE Adv/Dec 1094/1712... Nasdaq Adv/Dec 1352/2531. ===