Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Peter Ecclesine who wrote (1523)	7/2/2003 4:42:20 PM
From: Rob Preuss	Respond to of 1762

Share price up. STXN warns. Tune in to upcoming CC for more... Stratex Networks Announces Preliminary First Quarter Fiscal Year 2004 Revenue and Earnings Expectations SAN JOSE, Calif., Jul 2, 2003 /PRNewswire-FirstCall via COMTEX/ -- Stratex Networks, Inc. (Nasdaq: STXN), today announced that it expects revenues of $35 million to $37 million for the first quarter of Fiscal Year 2004 ended June 30, 2003. Previous revenue guidance for the quarter was $40 million to $42 million. The Company is projecting a loss per share for the quarter of $0.07 to $0.09, compared to previous guidance given at the beginning of the quarter of $0.02 to $0.05 loss per share. The revenue shortfall is primarily due to a delay in the issuance of a letter of credit for a large shipment to one customer. The delay is anticipated to be resolved in the second fiscal quarter ending September 30, 2003. Operating expenses continued to decline in the quarter ended June 30 in line with the Company's expectations. The Company expects orders to be reported in the first quarter will result in a positive book-to-bill ratio for the quarter. Stratex Networks will announced final financial operating results for the first quarter of fiscal year 2004 on July 23, 2003. The company will issue a press release announcing its results at approximately 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time). A conference call with company management will follow at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). Investors are invited to listen to the call live via the Internet at stratexnet.com . Investors can listen via telephone by dialing 877-543-9372 domestic or 706-643-3737 international and entering conference identification number 1537194. A telephone replay using the same conference identification number will be accessible at 800-642-1687 domestic or 706-645-9291 international beginning approximately two hours after conclusion of the live call. The Internet link and telephone replay will be available for a period of two weeks following the conference call.

To: Peter Ecclesine who wrote (1523)	1/2/2004 1:37:46 PM
From: Rob Preuss	Respond to of 1762

Trends portend stronger demand in 2004... ===== Faster cell networks In San Diego and Washington, D.C., there are cell phone networks fast enough to move streaming video onto a cell phone or laptop. Those networks, called 1x EVDO and run by Verizon Wireless, are likely to crop up in a few other places in 2004 -- most likely because Verizon Wireless will expand its testing to new markets. Rival Sprint, the other major U.S. carrier that uses CDMA technology for its cell phone network, probably won't jump in quite yet. Sprint tends to update its network all at once. Meanwhile, AT&T Wireless will continue the expansion of its faster GSM/GPRS network. Full story forbes.com ===== I think the need for increased wireless capacity is not limited to the US market. Moreover, service providers have finally started to increase CAPEX in order to upgrade their aging networks. This combination should enable the new Eclipse product line to really take off. I'm looking forward to a good year (at long last) for STXN.

To: Peter Ecclesine who wrote (1523)	1/30/2004 7:42:29 AM
From: Rob Preuss	Read Replies (1) \| Respond to of 1762

"Nortel's fourth quarter results came in way ahead of expectations which is likely to boost sentiment in the sector yet further," said Richard Windsor, a telecoms analyst at Nomura. === Above was quoted from an on-line article in today's news. Looks like today will be an up day again. This will help firm the STXN share price at current levels (i.e., I do not anticipate any significant share price decline from here). I'm looking for steady but modest gains over the next few months. For the record, the price is now $5.36/share. Rob

To: Peter Ecclesine who wrote (1523)	5/19/2006 2:03:45 PM
From: Rob Preuss	Respond to of 1762

I couldn't resist buying more shares at $4 today and added to my already enormous collection of STXN shares. Afterward, I saw the following news item and felt heartened. Yes, this stock will rise again. Patience will be rewarded. Rob Stratex Shares Down Friday May 19, 1:38 pm ET Stratex Shares Fall Despite Strong 4th-Quarter Results NEW YORK (AP) -- Shares of Stratex Networks Inc., a maker of wireless telecom equipment, dipped Friday despite the solid fourth-quarter results the company reported Thursday. Shares fell 89 cents, or 17.9 percent, to $4.11 in afternoon trading on the Nasdaq. In the past 52 weeks, the stock has traded between $1.45 and $6.58. Stratex posted a profit of 3 cents per share for the quarter, reversing a year-ago loss as sales surged. The results were a penny above Wall Street estimates. The company's sales jumped 56 percent to $64 million, topping the $62.2 million analysts were expecting, according to Thomson Financial. Stratex also issued a first-quarter earnings outlook of 2 cents to 4 cents per share, on projected sales between $62 million and $66 million. Analysts are looking for earnings of 3 cents per share on sales of about $62 million. Despite the dip in stock price, analysts kept a positive view of the company, which also said Friday it named a president and new chief executive, Thomas H. Waechter. He has been an independent director at the company since December. He replaces Chuck Kissner, who will stay on as executive chairman. Merriman Curhan Ford analyst Kevin Dede, who rates the company "Buy," said in a client note the company's order level stayed strong in the fourth quarter, and Stratex "is working hard to meet greater-than expected demand for recently introduced products while simultaneously expanding the product line to include additional frequencies." Stratex makes digital microwave radios used in wireless communications systems. Dede said the company's Eclipse line of radios helped drive the quarter's success. While Dede called the company's abrupt leadership transfer surprising, he said he is "glad that Tom is aboard to help with the day-to-day tactical operations, which we believe should help Chuck Kissner focus on strategic issues such as expanding the company's addressable market and the formation of partnerships." Needham analyst Richard Valera also maintained a "Buy" rating on the company. "Eclipse ramped solidly in the quarter, increasing to $46 million in revenue from $33 million" in the third quarter, he wrote in a note to clients. "The company could have shipped additional units, but experienced production constraints," he added.