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

To: Luke who wrote (1258)	1/18/2001 10:01:51 AM
From: Rob Preuss	Read Replies (1) \| Respond to of 1762

Luke, Well, yeah... I wasn't really serious about STXN becoming a $200 stock any time soon. I was just saying that IF the Nasdaq reaches 20,000 that STXN would be a $200 stock. I'd love to see Nasdaq climb to 20,000 but I don't expect to see that happen any time soon either. I sold a few shares in an account I manage for my brother yesterday... at his prompting. But I hold MANY more shares in my own account and haven't sold one in perhaps 2 years. I missed watching the early action this morning. I see that it opened at 16+7/8 (a smidgen above yesterday's close) and reached 16+15/16 but now its down at 15+3/4. Looks like a case of "buy rumor + sell news". Just saw a 10,000 block go through... maybe we'll turn around and head north again. STXN is still significantly undervalued in the mid-teens. Rob PS) Pretty big volume (560,000) for so early in the morning.