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: Czechsinthemail who wrote (1630)	4/15/2005 9:30:27 AM
From: The Ox	Respond to of 1762

I respectfully disagree. I think the company has to look at what's best for their long term survival. They had over $50 million in cash as of the last report and using $10 million or so to buy back distressed stock would not be a bad idea, imo. Especially if they were about to turn the corner and become cash flow positive. Certainly an announcement to buy back stock doesn't mean they have to spend all the money they announce but it would indicate their view that the stock is too cheap at the current price to pass up.

To: Czechsinthemail who wrote (1630)	5/20/2005 5:17:12 PM
From: Rob Preuss	Respond to of 1762

Stratex Networks: Data-centric apps reach 14% of sales Wednesday May 18, 10:29 am ET By Carla Mozee SAN FRANCISCO (MarketWatch) -- Stratex Networks Inc. said Wednesday that revenue from data-centric applications reached a milestone $25 million, or 14 percent, of total sales in fiscal year 2005. San Jose, Calif.-based Stratex said this was the first year that it made the data transmission market part of its strategy to expand its served available market, thanks to strong demand for ethernet-based wireless transmission products. ================================================= ================================================= Stratex Networks' New Data Transmission Business Reaches Milestone Wednesday May 18, 10:00 am ET Strong Demand for Ethernet-Based Wireless Transmission Solutions Expands Company's Served Available Market SAN JOSE, Calif., May 18 /PRNewswire-FirstCall/ -- Stratex Networks, Inc. (Nasdaq: STXN - News), a leading provider of wireless transmission solutions, today announced that revenue from data centric applications reached approximately $25 million, or 14 percent of total sales, in the fiscal year ended March 31, 2005. This was the first year the company targeted the data transmission market as part of its strategy to expand its served available market. Strongest demand was seen for the Eclipse(TM) Nodal Wireless Transmission platform. In fiscal 2005, a number of technological enhancements such as Eclipse Ethernet transport, Liquid Bandwidth Ethernet, and traffic aggregation capabilities drove sales of new applications. For example, Liquid Bandwidth Ethernet was significant because it allows operators to cost-effectively deploy complex new networks by allocating capacity between Ethernet and voice-based services, further driving demand for Stratex Networks' wireless transmission solutions. "Last year, we made technical innovation for data centric applications a strategic initiative for the company," stated Chuck Kissner, chairman and chief executive officer of Stratex Networks, Inc. "To have made such rapid progress in these new applications of our technology is very encouraging. We are continuing to develop new innovative solutions for the data market and are looking forward to continued progress this year." The company offers a range of new network applications that have contributed to revenue growth from data centric functions. These include metro Ethernet LAN solutions for closed private networks, transmission links for remote DSL extensions, backhaul for a number of pre-WiMax broadband wireless access systems, and a variety of high bandwidth Video over IP solutions. Stratex Networks recently announced a number of extensions to its portfolio of data centric solutions including an entry level Ethernet bridge solution and a high bandwidth solution for gigabit Ethernet applications.

To: Czechsinthemail who wrote (1630)	5/31/2005 9:26:35 AM
From: Rob Preuss	Respond to of 1762

Stratex Networks Ships Eclipse(TM) E300 for 3G Mobile Backhaul Tuesday May 31, 8:00 am ET Eclipse Selected by European Customer as Replacement for Altium SAN JOSE, Calif., May 31 /PRNewswire-FirstCall/ -- Stratex Networks, Inc. (Nasdaq: STXN - News), a leading provider of wireless transmission solutions, today announced it had commenced shipments in the current quarter of its Eclipse(TM) wireless nodal transmission system to one of its longstanding mobile network operator customers in Europe. Initial orders were received in the fourth quarter of fiscal 2005 and are shipping during the current quarter. This network operator was previously using Stratex Networks' Altium(TM) and Altium(TM) MX products and is now deploying the high-capacity Eclipse E300 product. "We continue to make progress in migrating current customers to the Eclipse platform," stated Chuck Kissner, chairman and chief executive officer of Stratex Networks. "The unique and industry-leading capabilities of Eclipse are becoming more broadly accepted around the world." Eclipse was first introduced at the beginning of 2004 and has now shipped to approximately 80 customers in more than 70 countries. (Growing momentum.)

To: Czechsinthemail who wrote (1630)	6/14/2005 5:39:42 PM
From: The Ox	Read Replies (1) \| Respond to of 1762

Kissner bought 20K shares back in the middle of May. At least it's start although it looks more like a token gesture. It would be nice to see the company finally exceed their own guidance this quarter and to announce better times ahead. New order growth for Eclipse looks solid but will it continue?

To: Czechsinthemail who wrote (1630)	1/30/2006 11:02:24 PM
From: The Ox	Read Replies (1) \| Respond to of 1762

Memory Lane: I would have liked to see the company come out and defend the stock with a buy back announcement. Certainly, if the future is as positive as the CEO is trying to paint in the press release, then they should start buying back the stock. I don't think STXN has sufficient free cash to pursue a share buyback. But certainly some open market buying by insiders would be nice to see. My view has been that the Mar Q is less important than the company's progress with the Eclipse line. In that regard, paying too much attention to the shortfall in legacy product sales misses the main event. The big question is how big will the market for Eclipse be and how fast will it develop. That is really the key to STXN's fortunes, and it is a story that will be unfolding throughout the year. Today's announcement didn't give much detail about Eclipse, except to say that orders were strong and it is progressing as anticipated. That it is the only reason to assume the company will reach profitability this year, and it is good to hear management say they are on target to reach it later in the year. I respectfully disagree. I think the company has to look at what's best for their long term survival. They had over $50 million in cash as of the last report and using $10 million or so to buy back distressed stock would not be a bad idea, imo. That $10 million buy would be worth over $30 in today's market place....oh well! :)