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

To: Czechsinthemail who wrote (1625)	4/14/2005 5:16:18 PM
From: The Ox	Read Replies (1) \| Respond to of 1762

It is obvious, in hindsight, that this information was available to some people prior to this press release. My question is: why did it take 2 weeks to release this? My answer is that it allowed many people to exit the stock before this news was officially released. To be honest, I think this situation stinks to high heaven! Last trade at $1.40 in after hours.

To: Czechsinthemail who wrote (1625)	4/14/2005 7:20:39 PM
From: Arrow Hd.	Read Replies (6) \| Respond to of 1762

Something doesn't compute. It is common for additional discounting of increased volumes but it must have bled to all the initial quarterly shipments too which would be a bad contract for STXN. Shipping more product to realize less revenue is dumb unless this was a one time dumping of obsolete (legacy) equipment that was only going to be written off and scrapped during this fiscal year end quarter. Still, I would not have cratered my quarterly revenue, margins and contract terms by dumping. I would have written off the equipment and then kept it in inventory at zero value, using it during the new year for highly profitable one-off deals involving withdrawn from marketing legacy products. This totally takes away the focus on Eclipse for this quarter. Eclipse won't have this problem for a few years because many of its upgrades are microcode implementations. Storing CDs is easy. I guess that is the good news.