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


To: Rob Preuss who wrote (1128)10/13/2000 12:19:37 AM
From: SpecialK  Read Replies (1) | Respond to of 1762
 
I'd like to know the group they refer to that is valued at 8X sales. I have been comparing this stock to NTRO, ADAP, CAMP, BRZE, TNSI, PCOM, WMUX, etc. Of this group, only CAMP sells at about 3X sales. The others are growing revenues at better than 25% sequentially, which STXN is not. This would be my understanding of why the target may be low. I don't care about the rating or target from analysts any longer. I only look for their research, revenue and earnings estimate and competitive analysis. In a month, they could raise to Strong Buy and raise the target to 45. (I hope)

I thought 23.5 was a good buy, well I'm looking to double up or add some here as 16 is holding. Expect a rally to 19 soon, if so, then to 24.



To: Rob Preuss who wrote (1128)10/13/2000 9:19:57 AM
From: Czechsinthemail  Read Replies (2) | Respond to of 1762
 
Yes I agree... the $25 target is way too low.

You could also wonder why they gave it a Buy instead of a Strong Buy. I think they've given themselves room and opportunity to upgrade to Strong Buy later.