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

To: Rob Preuss who wrote (1256)	1/17/2001 6:03:35 PM
From: akmike	Respond to of 1762

Continued positive results. DSO's and inventory turns continue to be a challenge. Indicated that they were unable to achieve the hoped-for linearity in Q3 and shipments were 60% in the last month. They also indicated that some volume purchasers negotiated better terms. Those accounted for the lack of performance in A/R. Outlook is for higher end of Q4 expectation to bring total revenues for fiscal 01 to 425 mil. and eps to .16 to .18. "Increased confidence in outlook for rest of year and beyond." Company stresses the diversity of customer base and product applications as strength going forward. "Winning most competitive situations" Recognized as clear industry leader. 3G will happen "earlier than expected" I have more notes but have to run-will fill in later unless covered by someone else. Great call!