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To: The Ox who wrote (229)	12/11/2008 9:44:30 AM
From: Rob Preuss	Respond to of 312

My guess is that Harris will sell a substantial number of shares for accounting reasons, but will hold on to a substantial stake. Further, the number of shares they sell will depend on what kind of price they can get through a private sale... I very much doubt they will just dump them on the open market. Given the current low share price, and the respectable long-term prospects, Harris will not be eager to unload shares of HSTX without having a clearly better place to put the cash. Rob Harris Stratex Networks Majority Ownership Under Evaluation by Harris Tuesday December 9, 3:30 pm ET RESEARCH TRIANGLE PARK, N.C., Dec. 9 /PRNewswire-FirstCall/ -- Harris Stratex Networks, Inc. (Nasdaq: HSTX), a leading specialist in backhaul solutions for mobility and broadband networks, announced that Harris Corporation (NYSE: HRS) is evaluating strategic alternatives to reduce its majority ownership in the company. Harris currently owns 56 percent of Harris Stratex Networks, which was formed January 26, 2007, through the combination of the Harris Microwave Communications Division and Stratex Networks, Inc. We recognize that the future relationship is subject to review based on the strategic fit of the two companies. With the new strategic growth plan established by Harris Stratex, both companies recognize they are addressing different markets with different business models. "Over the past two years, we have established ourselves as a global leader in our focus markets," said Harald Braun, Harris Stratex Networks president and CEO. "We have made significant changes and investments in both our organizational structure and product offering, with an emphasis on leading-edge IP solutions. These technology advancements have enabled us to expand our global customer base and increase revenues year-over-year. Going forward, we are confident that we are well positioned to execute on our plan."

To: The Ox who wrote (229)	12/14/2008 6:52:46 PM
From: Rob Preuss	Respond to of 312

Harris Stratex Raised To Buy From Hold By Morgan Joseph Dec 11, 2008 08:34:36 (ET)

To: The Ox who wrote (229)	12/19/2008 1:18:38 PM
From: Rob Preuss	Respond to of 312

December 11, 2008 11:00 AM EST Morgan Joseph transitions coverage on Harris Stratex Networks, Inc. (Nasdaq: HSTX) with a Buy. Price target $6. Morgan analyst says, "Despite the economic climate that is clearly affecting the carrier's decision-making process, Harris Stratex products address a segment of the wireless market that is one of the only growing business lines for carriers. Wireless backhaul is a direct beneficiary of the growth in wireless data traffic and a critical aspect of the carriers' business models. As such, we believe, a significant cut-back in carrier cap-ex spending is unsustainable for the carriers...The ownership restrictions on Harris Corp. (NYSE: HRS) expire on January 26, 2009. Harris Corp's ownership of HSTX is not core to the company and, as such, Harris Corp. is looking at alternatives including a spin-off, a secondary offering, a split-off, or a sale of all or part of the company's shares. We believe that, in this environment, the only available option for Harris will be a spin-off of the HSTX shares to the Harris shareholders. We note, however, that the additional 32.9mm shares should improve current issues surrounding HSTX's share float."

To: The Ox who wrote (229)	12/22/2008 1:58:25 PM
From: Rob Preuss	Respond to of 312

HSTX to present at financial conference on Thursday 8 Jan 2009. Harris Stratex Networks to Present at the Needham Growth Stock Conference Monday December 22, 11:00 am ET RESEARCH TRIANGLE PARK, N.C., Dec. 22 /PRNewswire-FirstCall/ -- Harris Stratex Networks, Inc. (Nasdaq: HSTX), a leading specialist in backhaul solutions for mobility and broadband networks, today announced that Harald Braun, president and chief executive officer, and Sally Dudash, chief financial officer, will be participating in the 11th Annual Needham Growth Stock Conference in New York. A live webcast of the presentation will be available at 8:00 a.m. Eastern Time on Thursday, January 8th, and will be archived for 90 days. The webcast can be accessed from the Investor page of Harris Stratex Networks' Web site. About Harris Stratex Networks, Inc. Harris Stratex Networks, Inc. is a leading specialist in backhaul solutions for mobility and broadband networks. The company offers reliable, flexible and scalable wireless network solutions, backed by comprehensive professional services and support. Harris Stratex Networks serves all global markets, including mobile network operators, public safety agencies, private network operators, utility and transportation companies, government agencies and broadcasters. Customers in more than 135 countries depend on Harris Stratex Networks to build, expand and upgrade their voice, data and video solutions. Harris Stratex Networks is recognized around the world for innovative, best-in-class wireless networking solutions and services. For more information, visit www.HarrisStratex.com .

To: The Ox who wrote (229)	12/29/2008 3:28:31 PM
From: Rob Preuss	Respond to of 312

HSTX among the top small-cap percentage gainers today. ===== Northwest Pipe, United Security Bancshares and Harris Stratex Networks lead small-cap percentage gainers Monday December 29, 2:02 pm ET Northwest Pipe Co (NasdaqGS:NWPX), United Security Bancshares (NasdaqCM:USBI) and Harris Stratex Networks Inc (NasdaqGM:HSTX) are among the biggest percentage gainers in Monday's trading among companies with market capitalizations under $1 billion. ===== HSTX at 2:08 PM... Current Price: $5.30/share, up $0.60 (12.8%) on volume of 89.1K shares. Year Price Range: $3.26 to $18.75/share. (Alas at 3:10 PM the price was only $5.16/share.)

To: The Ox who wrote (229)	1/7/2009 2:06:18 PM
From: Rob Preuss	Read Replies (1) \| Respond to of 312

Chinese Telecom Operators to Spend $41 billion on 3G networks within the next 2 years. That's $1.7 billion per month! If HSTX can get even 1% of this business, it will provide an extra $200 million/year in revenue. China Issues Long-Awaited 3G Licenses Wednesday January 7, 2009, 5:58 am EST After years of delay, China issued its third-generation mobile-phone licenses to its three main state-controlled carriers today, in a move that the government hopes will boost the country's economy. As expected, China's dominant carrier, China Mobile, got a license for homegrown 3G standard TD-SCDMA, China Unicom received a license for Europe's WCDMA standard, while China Telecom got North America's CDMA 2000, Reuters reports. China is the world's biggest mobile market, with 634 million subscribers as of the end of November, with market leader China Mobile controlling 72 percent of it. According to the Telegraph.co.uk, the Ministry of Industry and Information Technology is expecting 500m people to sign up for 3G internet and video-enabled services in the next five years. It remains to be seen, however, what the operator can do with TD-SCDMA, which the government has thrown its considerable support behind. Delays in the license handout were meant to give the domestic standard some space to grow up. But 3G trials using the standard have been less than impressive, with both insiders in China Mobile and consumers complaining that experience is less than compelling. In December, Industry and Information Technology Minister Li Yizhong estimated that the mobile operators would spend around $41 billion dollars in their 3G networks in the next two years. Telecoms equipment makers, including Siemens, Ericsson (NasdaqGS: ERIC) and Nokia (NYSE: NOK), as well as domestic firms Huawei Technologies and ZTE, are expected to benefit immediately now that the licenses have been handed out.