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


To: Quest who wrote (1686)3/2/2006 5:09:48 PM
From: The Ox  Read Replies (1) | Respond to of 1762
 
Yes, it was a very good buy on 2/10 around $4.40 or $4.50, as it closed today at $5.26 (up over 16%).

stockcharts.com[w,a]hhcayiay[d25][pb50!b200!b20!f][vc60][iub14!la12,26,9!lp14,3,3][J50562304,Y]&pref=G

The stock has been a very steady climber.



To: Quest who wrote (1686)4/12/2006 6:29:56 PM
From: Rob Preuss  Read Replies (1) | Respond to of 1762
 
Is this the Alcatel label on STXN's Eclipse?


mwjournal.com

"Alcatel has strengthened its portfolio by adding the 9500 Microwave
Cross Connect (MXC) to its wireless transmission solutions."

"Its state-of-the-art concept and breakthrough features result in
unsurpassed flexibility and tremendous cost savings to wireless
access and wireless backhaul operators worldwide."

news.tmcnet.com

"The platform also offers private operators the dual benefits of
higher bandwidth at lower cost and delivers the higher quality
of service required by metropolitan network operators."

tinyurl.com

"The Alcatel 9500 MXC is ideally suited for mobile applications,
featuring a single indoor/outdoor platform that links cell sites
to the core network for mobile 2G/3G and WiMAX."

bbwexchange.com

"A cost effective solution requiring no external peripherals, the
Alcatel 9500 MXC enables operators to evolve their network in
line with their business needs."

xchangemag.com

"Alcatel is showing its newest product, for the first time, at CTIA in Las Vegas."

biz.yahoo.com

"Offering a flexible architecture ready to transport IP and TDM services,
the Alcatel 9500 MXC offers an easy migration from legacy networks
enabling operators to maximize their existing infrastructure investments
and ultimately lower capital and operational expenditures."

monitortoday.com

"In addition, the platform offers private operators the dual benefits of
higher bandwidth at lower cost and delivers the higher quality of
service required by metropolitan network operators."

cnxmarketlink.com

"With 3G and WiMAX deployments poised to deliver advanced broadband
services and expanded high speed reach, cellular networks need to
accommodate growing levels of traffic. Efficient multiplexing, IP routing
and backhaul become paramount for operational efficiency and
competitiveness," said Emmy Johnson, founder and principal analyst
at Sky Light Research. "By delivering these key functions from a single,
expandable Alcatel 9500 MXC, Alcatel addresses the critical business
needs of carriers by lowering capital and operational costs and reducing
network complexity and management."

tinyurl.com

"In North America, the Alcatel 9500 MXC complements ongoing development
of Alcatel's existing portfolio of wireless transmission solutions including the
Alcatel 9400 AWY and the industry standard Alcatel MDR-8000."

"The Alcatel 9500 MXC will be shown for the first time on the Alcatel
booth (#2928) at CTIA, April 5-7 in Las Vegas."


Those are just a few of the numerous links I found (in many languages)
by Googling "9500 MXC".

Rob



To: Quest who wrote (1686)4/20/2006 11:19:49 AM
From: Rob Preuss  Respond to of 1762
 
Q4FY06 & Year-End Financial Results at 5 PM Eastern on 18 May 2006.

============
Stratex Networks, Inc. (Nasdaq: STXN) a leading provider of wireless transmission solutions, will hold its quarterly conference call to discuss fourth quarter and full-year fiscal 2006 financial results on Thursday, May 18, 2006 at 5 p.m. Eastern Time.

Stratex Networks will release the company's financial results at approximately 4 p.m. ET on the same day. To listen to the live conference call, please dial 303-262-2211 (reference Stratex Networks) by 4:50 p.m. ET on May 18. A replay of the call will also be available starting one hour after the completion of the call, until May 25. To access the recording, dial 303-590-3000 (pass code: 11059270#).

This call is being webcast by Thomson/CCBN and can be accessed at Stratex Networks' Web site at stratexnet.com.

The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at www.fulldisclosure.com, Thomson/CCBN's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected event management site, StreetEvents (www.streetevents.com).



To: Quest who wrote (1686)5/15/2006 10:05:32 PM
From: Rob Preuss  Respond to of 1762
 
Stratex Networks' Integration of Enterprise Applications With Vitria Technology, Inc. Streamlines Business Processes to Improve Customer Service

Monday May 15, 6:32 pm ET

Results in Decreased Cycle Times, Lowered Operating Costs and Increased Revenue

SUNNYVALE, Calif., May 15 /PRNewswire-FirstCall/ -- Vitria Technology, Inc. (Nasdaq: VITR - News), a leading provider of business process integration solutions, today announced that Stratex Networks, a leading provider of high-speed wireless transmission solutions, has successfully deployed Vitria's BusinessWare® platform to help integrate and automate several key business applications following a series of acquisitions to streamline order fulfillment. As a result, the Vitria solution has enabled Stratex to improve customer service, lower operating costs and decrease order cycle times on a proven platform that can seamlessly enable future integrations as the company continues to grow.

As one of the premier providers of cellular network interconnection and broadband wireless access worldwide to service providers, original equipment manufacturers (OEMs), competitive local exchange carriers (CLECs) and private networks, Stratex Networks sells large volumes of equipment to its customers. Each of the company's orders is highly customized and specifically engineered to order for customers. With thousands of very expensive units in the order fulfillment process, making a change to an order, which is extremely time-consuming, not only dramatically decreases company revenues but significantly decreases overall employee productivity.

Because Stratex Networks had so many disparate systems, with more inevitably on the way, they sought a standardized solution on a proven platform. "We wanted to have a totally integrated system for our enterprise applications," said B. Lee Jones, Chief Information Officer for Stratex Networks. "We wanted to maintain very 'vanilla' applications so that as we add additional enterprise applications, we have a standardized solution. Also, we wanted to have a platform that would allow us to integrate new acquisitions easily as we grow."

One of the biggest challenges they faced following several company acquisitions was the need to connect Clarify, Agile, Siebel, Oracle and other legacy applications and automate order fulfillment processes. Stratex Networks managed to roll out production of Vitria's BusinessWare® in just four months -- two months earlier than originally planned.

Leveraging BusinessWare's automation capabilities, Stratex Networks' order fulfillment process is visibly faster. "Because we had a fairly manual process before in order fulfillment, we were looking at a typical customized order taking about two weeks to complete," commented Jones. "We can now do the same thing in two days." This decrease in cycle time has resulted in increased revenue due to the ability to process more customers at a time and to handle larger volumes of orders. I'd say the ability to cut the process time of a $10 million order from up to two weeks down to as little as two days is pretty significant."

"Vitria is pleased to have helped Stratex Networks improve its customer service processes with business process automation as they grew their business," said Dale Skeen, CEO of Vitria. "Vitria provides Stratex Networks with full visibility to its customers and other stakeholders by integrating its enterprise systems on a global scale, while significantly improving the customer experience."

About Vitria

Vitria Technology, Inc., a leading provider of business process integration products and solutions, combines technology leadership with industry expertise in healthcare and insurance, telecommunications, manufacturing and financial services to dramatically improve strategic business processes across systems, people and trading partners. These solutions are built on the award-winning BusinessWare® Enterprise Business Process Management suite. With offices around the world, Vitria's customer base includes blue chip companies such as AT&T, Bell Canada, BellSouth, Blue Cross Blue Shield Association, BP, BT, DaimlerChrysler Leasing, Generali, Nissan, Reynolds & Reynolds, RBC Financial Group, Sprint, U.S. Department of Defense and Veterans Health Administration. For more information call +1-408-212-2700, email info@vitria.com, or visit www.vitria.com.

NOTE: Vitria and BusinessWare are registered trademarks of Vitria Technology, Inc. All other names may be trademarks of the companies with which they are associated

Source: Vitria Technology, Inc.



To: Quest who wrote (1686)5/18/2006 7:05:45 PM
From: Rob Preuss  Respond to of 1762
 
Stratex Swings to Profit in 4Q
Thursday May 18, 5:31 pm ET

Stratex Networks Swings to 4Q Profit, Boosted by Strong Rise in Sales

SAN JOSE, Calif. (AP) -- Stratex Networks Inc., which makes digital microwave radios for communications systems, swung to a profit in its fiscal fourth quarter, boosted by a strong increase in sales.

Fourth-quarter Net income increased to $3.3 million, or 3 cents per share, compared to a loss of $13.3 million, or 14 cents per share, during the year-ago period. Excluding charges from stock-based compensation, Stratex Networks posted net income of $3.4 million, or 3 cents per share, in the fourth quarter.

Revenue increased 56 percent to $64 million, compared to $41.1 million in the year-ago period.

Analysts predicted earnings of 2 cents per share on revenue of $62.2 million, according to a Thomson Financial poll.

For the fiscal year, the company posted a loss of $2.3 million, or 2 cents per share, compared with a loss of $45.9 million, or 51 cents per share, the year before.

Revenue for the year increased 28 percent to $230.9 million, compared to $180.3 million a year ago.

Excluding stock-based compensation, net loss for 2006 was $800,000, or a penny per share.

Looking ahead, the company expects first-quarter revenue to range between $62 million and $66 million, with earnings per share in the range of 2 cents per share to 4 cents per share. Wall Street is looking for earnings of 3 cents per share on revenue of $62 million.

Separately, the company said it appointed Thomas H. Waechter as president and chief executive. Waechter, who has been an independent director of Stratex since December, succeeds Chuck Kissner, who will remain as executive chairman.

The company also appointed John Brandt, the company's vice president of global operations, as vice president of business development.

Stratex stock fell 24 cents, or 4.6 percent, to close at $5 on the Nasdaq, but regained 5 cents in aftermarket activity. In a 52-week period, shares of Stratex have traded between $1.45 and $6.58.



To: Quest who wrote (1686)6/16/2006 8:32:13 PM
From: Rob Preuss  Respond to of 1762
 
Form 4 filings today (6/16/06) provide the following information...

John Brandt sold 722 shares STXN at $3.8727/sh.
Carl Thomsen sold 901 shares STXN at $3.8727/sh.
Charles Kissner sold 2509 shares STXN at $3.8727/sh.
Paul Kennard sold 722 shares STXN at $3.8727/sh.

The proceeds of these sales were used to cover tax obligations triggered
by a share release under the company's FY06 restricted stock program.

That is, each of these insiders received shares under the company's restricted stock program. Consequently, each had tax obligations that were paid for by these sales. This does not sound like they chose to sell (not at this low price);
instead, I think they were oblgated to sell these shares.

No big deal. Its small potatoes that doesn't mean anythng anyway.

Cheers, Rob



To: Quest who wrote (1686)8/2/2006 4:11:05 PM
From: Rob Preuss  Respond to of 1762
 
STXN Revenue & Earnings Exceed Guidance Provided Last May.

Press Release Source: Stratex Networks, Inc.

Stratex Networks Announces Q1 Fiscal 2007 Financial Results
Wednesday August 2, 4:00 pm ET
Continued Strength in Revenue, Profitability, and Customer Demand

SAN JOSE, Calif., Aug. 2 /PRNewswire-FirstCall/ -- Stratex Networks, Inc. (Nasdaq: STXN - News), a leading provider of wireless transmission solutions, today reported financial results for the first quarter of fiscal 2007, ended June 30, 2006.

Revenues in the first quarter of fiscal 2007 were $66.2 million, compared with $64.0 million in the prior quarter and $54.9 million in the year ago period. Net income in the first quarter of fiscal 2007 was $1.8 million, resulting in earnings of $0.02 per diluted share. This compares with earnings of $3.3 million or earnings of $0.03 per diluted share in the prior quarter, and a loss of $(4.2) million, or a loss of $(0.04) per share in the year ago period. The first quarter of fiscal 2007 includes the impact of Financial Accounting Standard 123 ( R ).

On a non-GAAP basis, Stratex Networks reported net income of $4.8 million in the first fiscal quarter, or earnings of $0.05 per diluted share. This compares with non-GAAP net income of $3.4 million in the fourth fiscal quarter, or earnings of $0.03 per diluted share and a loss of $(3.9) million, or a loss of $(0.04) per share in the year ago period. Non-GAAP net income for the first fiscal quarter of 2007 excludes total non-cash stock compensation expense of $3.0 million related to the adoption of Financial Accounting Standard 123 ( R ) and the company's restricted stock plan. In the prior and year ago quarter non-cash compensation expense was $60,000 and $228,000, respectively, and was related to the Company's restricted stock plan. A full reconciliation of GAAP net income (loss) to non-GAAP net income (loss) is provided in the accompanying financial tables.

"We are pleased with our financial results for the first quarter of the new fiscal year, as we exceeded both our revenue and earnings guidance originally issued in May, and posted our third consecutive quarter of profitability. The Eclipse product platform continues to benefit from broad acceptance worldwide due to its highly competitive, cost-effective solution for voice- and data-centric applications," said Tom Waechter, president and chief executive officer of Stratex Networks, Inc. "We are also pleased to report that we are already realizing improvements in our supply chain that position us to better serve our customers and partners, and to maintain our revenue growth. We are seeing strong demand in our key markets for a wide variety of Eclipse products, as we experienced a positive book to bill in the first fiscal quarter of 2007."

Guidance

The following forecasts are based on current expectations. These statements are forward-looking, and actual results may differ materially. Please see the Safe Harbor Statement in this release for a description of certain important risk factors that could cause actual results to differ, and refer to the company's reports on file with the Securities and Exchange Commission (SEC) for a more complete description of the risks.

Second Quarter Fiscal Year 2007 (ending September 30, 2006)
-- Revenue is expected to range between $63 million and $66 million,
-- Earnings per share are expected to be in the range of $0.04 to
$0.06, excluding non-cash stock-based expense of approximately $2.9
million.

Use of Non-GAAP Financial Information

To supplement the company's consolidated financial statements presented in accordance with generally accepted accounting principles "GAAP," Stratex Networks, Inc. uses non-GAAP measures of certain components of financial performance, including operating income (loss), net income (loss) and per share data, which are adjusted from results based on GAAP to exclude certain expenses, gains and losses. These non-GAAP measures are provided to enhance investors' overall understanding of the company's current financial performance and the company's prospects for the future. Specifically, the company believes the non-GAAP results provide useful information to both management and investors by excluding certain expenses that may not be indicative of its core operating results. These measures should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for, or superior to, GAAP results. These non-GAAP measures included in this press release have been reconciled to the nearest GAAP measure.

Conference Call

Stratex Networks' management will hold a conference call to provide greater detail on the company's financial results for the quarter and its outlook today, at 5:00 p.m. Eastern Time. Those wishing to join should dial 303-205-0066 at approximately 4:50 p.m. A replay of the call will be available starting one hour after the completion of the call until Aug. 9, 2006. To access the replay, dial 303-590-3000 (pass code: 11065837 #). A live and an archived webcast of the conference call will also be available via the company's Web site at www.stratexnet.com.

Upcoming Conferences

Stratex Networks' management will be presenting at the CIBC Wireless Technology One-on-One Conference in New York on August 3 and at the Merriman Curhan Ford & Co. 3rd Annual Investor Summit 2006 in San Francisco on Sept. 20. Those wishing to listen to live and/or archived webcasts of available management presentations may do so at www.stratexnet.com.



To: Quest who wrote (1686)9/20/2006 8:11:59 PM
From: Rob Preuss  Respond to of 1762
 
Slides fom the Merriman Curhan Ford 2006 Investor Summit that was held earlier today...

xml.10kwizard.com

The audio replay is available too. Just visit the investor section of the Stratex web site and follow the links.

A few comments from the Q&A...

1. Two main STXN competitors today: Ericsson & NEC.
2. Other key competitors: Alcatel & Siemens.
3. New combined entity (Harris Stratex Networks) will have 15% of global market.

Rob



To: Quest who wrote (1686)1/3/2007 5:10:31 PM
From: Rob Preuss  Read Replies (1) | Respond to of 1762
 
Although I say in the previous two posts that I think the recent actions by the CEO and CFO (to exercise and sell their options) does not express confidence in the post-merger prospects for the company, I should also mention that it seems likely that these options were about to expire on 31 Dec 06. If that is the case, they would be faced with the prospect either of putting up some fairly significant cash (on the order of $100K) so as to exercise and NOT sell their options or to take the action they did.

If these options were to expire on 31 Dec 06, then I may have chosen the same course of action as the CFO and CEO. In this case, I would NOT take this as a bearish statement on the prospects for the post-merger company. (Its not particularly bullish either, but it does seem prudent.)

On the other hand, if these options were NOT going to expire soon, then I think their action is a bearish statement on the prospects for the post-merger company.



To: Quest who wrote (1686)1/9/2007 9:27:07 AM
From: Rob Preuss  Respond to of 1762
 
Stratex Networks Announces SEC Effectiveness, Record Date and Stockholder
Meeting Date for Proposed Merger with Microwave Communications Division
of Harris Corp.

Monday January 8, 4:13 pm ET

SAN JOSE, Calif., Jan. 8 /PRNewswire-FirstCall/ -- Stratex Networks, Inc. (Nasdaq: STXN), today announced that the registration statement containing the proxy statement/prospectus to be mailed to Stratex Networks stockholders to vote on the proposed business combination with Harris Corporation's Microwave Communications Division has been declared effective by the SEC. Stratex Networks has established an associated Special Meeting date of January 25, 2007 for stockholders of record as of December 8, 2006 to consider and vote to adopt the Agreement and Plan of Merger. The proposed combination was announced on September 5, 2006 and remains subject to the approval of Stratex Networks stockholders. The proxy statement/prospectus is being mailed the week of January 8, 2007 to stockholders of record as of the close of business as of December 8, 2006.

The Special Meeting will be held at 10:00 AM Pacific Time at Stratex Networks' Corporate offices at 120 Rose Orchard Way, San Jose, CA.

About Stratex Networks

Stratex Networks, Inc. is one of the world's leading providers of high-speed wireless transmission solutions. Since it was founded in 1984, Stratex Networks has achieved international recognition for quality, innovation, and technical superiority in delivering data, voice, and video communication systems, including comprehensive service and support. 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 and where to find it

This communication is for informational purposes only. In connection with the transaction, Harris Stratex Networks, Inc. has filed a registration statement on Form S-4, which includes a proxy statement/prospectus, with the Securities and Exchange Commission ("SEC").

This communication may be deemed to be solicitation material in respect of the proposed combination of Harris' Microwave Communications Division with Stratex Networks. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND ALL OTHER RELEVANT DOCUMENTS FILED WITH THE SEC BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. The definitive proxy statement/prospectus is being mailed to the stockholders of Stratex Networks. In addition, investors and security holders are able to obtain the documents free of charge at the SEC's web site, sec.gov. Copies of the definitive proxy statement/prospectus and the filings with the SEC that are incorporated by reference in the definitive proxy statement/prospectus may also be obtained without charge, by directing a request to Stratex Networks, Inc., 120 Rose Orchard Way, San Jose, CA 95134, Attention: Office of the Secretary, or to Harris Corporation, 1025 West NASA Blvd., Melbourne, FL 32919, Attention: Office of the Corporate Secretary.

Participants in solicitation

Stratex Networks, Harris Corporation and their respective directors and executive officers and other persons may be deemed to be participants in the solicitation of proxies from the Stratex Networks' stockholders in respect of the proposed transaction. Information about the directors and executive officers of Stratex Networks is set forth in the proxy statement for Stratex Networks' 2006 Annual Meeting of Stockholders, which was filed with the SEC on July 10, 2006. Information about the directors and executive officers of Harris is set forth in the proxy statement for Harris' 2006 Annual Meeting of Stockholders, which was filed with the SEC on September 18, 2006. Investors may obtain additional information regarding the interest of such participants by reading the definitive proxy statement/prospectus regarding the transaction.