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To: The Ox who wrote (273)	8/22/2009 9:54:58 AM
From: Rob Preuss	Respond to of 312

Harris Stratex Networks Secures U.S. Department of Agriculture RUS Listing for Suite of Wireless Transmission Products Press Release Source: Harris Stratex Networks, Inc. On Friday August 21, 2009, 8:30 am EDT RESEARCH TRIANGLE PARK, N.C., Aug. 21 /PRNewswire-FirstCall/ -- Harris Stratex Networks, Inc. (Nasdaq: HSTX), a leading provider of wireless solutions that enable the evolution of next-generation fixed and mobile broadband networks, today announced it has received U.S. Department of Agriculture (USDA) Rural Utilities Service (RUS) Rural Development product acceptance for two additional wireless transmission products. In response to customer demand for high-capacity TDM and Ethernet broadband solutions for the U.S. government's broadband stimulus program, Harris Stratex secured RUS listing for products within the Eclipse(TM) and TRuepoint® 5000 platforms. These products are ideal for use in telecommunications systems operated by RUS loan program borrowers. RUS acceptance is recommended for broadband stimulus funding provided through the American Recovery and Reinvestment Act of 2009 (ARRA) and required for operators requesting federal funds from the USDA Rural Broadband Access Loan program for the purpose of purchasing and deploying broadband systems in rural communities--programs designed to stimulate rural economies and enhance overall quality of life through programs such as distance learning and telemedicine. To access the complete list of materials accepted for use on systems of USDA rural development telecommunications borrowers, please click here. "Securing RUS listing is really important to Harris Stratex. It reinforces our commitment to independent carriers that are focused on delivering broadband connectivity to unserved and underserved geographies across the country," said Jim Biard, vice president of carrier and federal markets for Harris Stratex. "Helping rural providers stay current and continue growth with cost-effective, reliable solutions is one way we can help play a role in connecting the unconnected and enhancing the quality of life for those who previously didn't have broadband access." For more than 45 years, Harris Stratex has deployed on-time and on-budget wireless transmission systems for government organizations, enterprises, and various service providers, including rural electric cooperatives, WISPs and ISPs that provide broadband access to rural communities. The ability for providers to meet tight timelines is a key aspect of RUS broadband loan programs. Selecting RUS-listed Harris Stratex products and turnkey solutions for rural broadband projects demonstrates an applicant has considered all aspects of their network and service architecture, a key facet to receive funding. In addition to its complete line of RUS-listed products, Harris Stratex in April launched its GO-Stimulus Partnership Program, a unique initiative designed to enable U.S. network providers to best capitalize on the ARRA, which allocates $7.2 billion in grant and loan funding for broadband and wireless initiatives. The GO-Stimulus Partnership Program provides operators with a turnkey service - from building successful ARRA grant and loan applications, to network deployment, implementation and support - to provide immediate and long-term stimulus success. For more information on the Harris Stratex GO-Stimulus Partnership Program, please visit: www.harrisstratex.com/go_stimulus. The USDA Rural Broadband Access Loan and Loan Guarantee Program provides funding and low-cost loans for the construction, improvement and acquisition of facilities and equipment for broadband service in eligible rural communities. These loans facilitate deployment of new and innovative technologies to provide two-way data transmission of 200 kbps or more, in communities with populations up to 20,000. The program goal is to ensure that rural consumers enjoy the same quality and range of telecommunications services that are available in urban and suburban communities. RUS acceptance allows service providers to purchase Harris Stratex wireless transmission systems with these funds.

To: The Ox who wrote (273)	8/22/2009 10:09:08 AM
From: Rob Preuss	Respond to of 312

The sell off yesterday seemed way overdone. (Share price down 7.5% on fairly big volume in excess of 2.7 million. Price dropped first thing in the morning, and stayed low, while trading remained quite steady throughout the day.) Although we had far from a stellar quarter, it wasn't as if we'd been hit by a plague of locusts either. Importantly, the future looks quite bright to me... both in terms of the company-specific prospects and in terms of the global economic outlook. I like the writing off of the goodwill, as that cleans up the balance sheet a bit. I could not agree more! Also need to change the company name soon.

To: The Ox who wrote (273)	9/14/2009 3:18:15 PM
From: Rob Preuss	Read Replies (1) \| Respond to of 312

Wow... Share price is up $0.80 (12%) today on volume of 2 million. It seems that Cramer recommended HSTX (as well as Ceregon Networks) as a speculative buy. Here is what he said... === The two best pure plays on microwave backhaul radios are Harris Stratex Networks and Ceragon Networks, though admittedly both are very speculative stocks. Harris’ market cap is just under $400 million, Ceragon’s is a mere $250 million, and neither trades for more than $10 a share. So the usual rules apply here: Buy in small increments, use limit orders and never pay up. Harris Stratex controls 12% of the industry, getting 33% of sales from North America and the rest from overseas. This seemingly balanced exposure makes the stock a better pick as far as Cramer’s concerned, and the clean balance sheet with little debt and $2.15 in cash per share offers a bit more confidence as well. Harris announced weaker-than-expected guidance for the next quarter, but the stock is up 15% since, which “signals better times ahead,” Cramer said. === or, from another article... === For "Speculation Friday," Cramer continued on his thesis on "mobile Internet tsunami" by saying that the mobile Internet will not be stopped, not even by a sizable shortage of bandwidth. "Phone companies will just have to spend more money on wireless infrastructure," he said. That means more cell towers, more antennas and better connections from the towers to wireline networks. There are only two pure-plays on latter, said Cramer, and they are Harris Stratex Networks (HSTX) and Ceragon Networks (CRNT), both tiny, speculative, companies. Both Harris and Ceragon are leaders in manufacturing the microwave radios that remote cell towers use to transmit data back to wireline networks. Cramer said both companies are not only plays on wireless infrastructure in the U.S., but also in China and India, which are making huge investments into their networks as well. Of the two, Cramer leaned towards Harris, which has 12% marketshare here in the U.S., has $2.15 a share in cash on its balance sheet, and derives 33% of its business domestically. === So I'm not sure this upswing will last, but I'm not complaining. This provides more exposure to and awareness of our great company; that's always nice. Rob