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To: The Ox who wrote (32986)	6/21/2001 6:38:16 PM
From: Return to Sender	Respond to of 70240

Huge % rise on less than expected volume. No news to account for the rise. Makes one wonder if there are rumors circling? Looks like the volume all came in at the end of trading. finance.yahoo.com RtS

To: The Ox who wrote (32986)	6/22/2001 4:44:45 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70240

It looks like it was a head fake by the MM in order to unload. So much for equal disclosure. *********************** Thursday June 21, 7:00 pm Eastern Time Press Release SOURCE: DMC Stratex Networks, Inc. DMC Stratex Networks Announces Preliminary First Quarter Revenue And Earnings Expectations SAN JOSE, Calif., June 21 /PRNewswire/ -- DMC Stratex Networks, Inc. (Nasdaq: STXN - news), today announced that it expects revenues of between $75 million and $80 million for the first quarter of its Fiscal Year 2002, ending June 30, 2001, and loss per share of between $0.04 to $0.08 excluding certain special charges related to cost reduction efforts. This compares to revenues of $86.7 million and earnings per share of $0.12 in Q1 of Fiscal Year 2001. The anticipated results for the first quarter are below prior Company expectations. ``Revenues for the quarter are being impacted by two factors. First, we have experienced customer delays in network buildouts. Second, the impact of certain internal organizational changes have negatively impacted productivity and shipments in the quarter,'' said Charles Kissner, DMC Stratex Networks' Chairman. ``Spending reductions are moving ahead according to our plans as we rapidly position the company in response to the current market environments and likely long term demand. Our progress in balance sheet management, efficiency improvements, and higher margin new products is very encouraging despite current business conditions. We expect that such actions will serve to solidify our leadership position in the high capacity wireless market when we emerge from this difficult business climate.'' The Company has scheduled a conference call for 9 a.m. EDT (6 a.m. PDT) Friday, June 22, 2001, hosted by Charles Kissner, Chairman, and Carl Thomsen, senior vice president and CFO, to discuss these matters and answer questions. To access the call live via the Internet, investors should point their browser to dmcstratexnetworks.com , click on the webcast link and follow the registration instructions. Listeners will need Windows Media Player to access the webcast. The link will continue to be available for one week following the conference call. Investors can also join the company's teleconference by calling 719-457-2650, and referencing confirmation number 425548. The call-in lines will be available to callers on a first-come, first-served basis. A telephone replay will also be available for one week after the teleconference by calling 719-457-0820 and using the access code 425548. With worldwide headquarters in San Jose, Calif., DMC Stratex Networks, Inc., is one of the world's foremost wireless solutions providers for cellular applications and broadband access -- enabling the development of complex communications networks worldwide. Since its founding in 1984, the Company has achieved international recognition for quality, innovation, and technical superiority in delivering data, voice, and video communication systems, including comprehensive service and support. DMC Stratex Networks, with its broad product offering and worldwide sales and support organization, is strategically positioned to serve its customers' needs in wireless high-capacity transmission technology. Additional information can be found at www.dmcstratexnetworks.com. ******************** STXN presentation from June 11: cibc.talkpoint.com