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

To: The Ox who wrote (1728)	8/2/2006 5:47:01 PM
From: Rob Preuss	Respond to of 1762

Ox, I would agree with you if I knew that the $3 million was an expense we'll see EVERY quarter and not just an expense we saw this ONE quarter. Could this be associated with hiring Waechter (and so be a 1-time event)? Also, does this represent the anticipated cost of options (some of which may not be realized) or an actual cost (of past options that were exercised)? In any case, I think this deserves closer scrutiny. Rob 4:21PM Stratex Networks reports $0.01 above consensus; guides Q2 in-line (STXN) 3.56 +0.16 : Reports Q1 (Jun) earnings of $0.05 per share, $0.01 better than the Reuters Estimates consensus of $0.04; revenues rose 20.6% year/year to $66.2 mln vs the $64.6 mln consensus. Co issues in-line guidance for Q2, sees EPS of $0.04-0.06 vs. $0.04 consensus; sees Q2 revs of $63-66 mln vs. $65.52 mln consensus.

To: The Ox who wrote (1728)	8/3/2006 8:17:40 AM
From: Rob Preuss	Read Replies (1) \| Respond to of 1762

Stratex Networks Swings To 1Q Profit On 21% Sales Boost Thursday August 3rd, 2006 / 0h14 DOW JONES NEWSWIRES Stratex Networks Inc. (STXN) swung to a fiscal first-quarter profit of $1.82 million, or 2 cents a share, from a year-earlier loss of $4.17 million, or 4 cents a share, as sales rose 21%. Excluding stock-option expenses, the San Jose wireless transmission systems company swung to a non-GAAP profit of 5 cents a share from a non-GAAP loss of 4 cents a share. For the fiscal first quarter ended June 30, sales rose to $66.2 million from $54.9 million. The company expects second-quarter earnings, excluding stock-option expenses, of 4 cents to 6 cents a share, on revenue of $63 million and $66 million. In after-hours trading on Nasdaq, the company's shares fell to $3.34 from its close of $3.56 in Nasdaq composite trading.