STXN - Sector: Technology ---Industry: Communications Equipment

[saffeysite1]

Hot today.  PR-10mil in orders.  Stock shot up from 1.60 to 1.80.  I bought on a dip at 1.69.

I normally don't buy on news, but I think this company has a lot more coming.

-Just one mans op.

[medda02]

eliteG - any feeling for this name or chart? thxs


For the Group - I love FLSH for the next 12 months - should move late july until yr end. 50% of the harddrives inMSFT based smartphones - more to come - read last news release on yahoo.

own 600k shares. - for over 18months.

[Adam]

MEDDA02,

Nice call, volume looks good.  Applaud

[medda02]

STXN - reiterated guidance 3 weeks ago - company has succesfully turned around, insider buying over the past yr from 1.50 - 2.60.

Stock reports earnings aug 3, 2005 - since they backed guidance i strongly believe we can ride this one into earnings date.

gross margins expected to be higher and sales are going to be 49mm vs 41mm last qtr.

2.40 resistance.

initially posted this name at 1.85 - i'm a buyer here and over 2.40 on the break.

will someone respond to a post with some technical support - thxs much

[medda02]

3mm shares short on this name, and .50cts in cash, 10mm debt, 200mm in sales, trades at 1x sales. large institutional base could bring powerful pop, as three to four brokerage firms follow the company at this juncture. Two to three upgrades this august could give us a major move. Company had 67mm in back log last conf call with 50mm in orders coming last qtr. legacy business tailing off and next generation products flourishing.

CEO is well liked amongst the hedge fund community.

[medda02]

Company reports Pre-mkt Monday morning and holds a conference call at 10am.......Stock should be bought on pullback that always occurs after conference call.........Citi should upgrade from hold to buy if FLSH beats numbers and holds onto $1 per share in earnings this yr.

This is a great way to play Mot, Nok, Lenovo, LG, Samsung, HTC, BenQ, and XMSR all in one.....FLSH sells into all their devices.

By mid Sept $32

*********

STXN for all you non listeners! buy the snot out of this stock on any pullback and add like crazy over 2.40 as a week from weds the company reports. Numbers will be strong and the outlook is rosy. 3mm shares short on 400k avg volume.

I'm betting my reputation on both these calls.

5 stars coming my way by mid sept.

[medda02]

how do i pull up a chart on the message board???  Please post the STXN chart.

[atalltexan]

Here you go:

[Adam]

Hey Medda,

Nice call.  The stock reversed off the lows nicely and it seems the numbers were good.  This appears headed higher!!

[medda02]

This board needs to be supportive of newbies

[setravis]

I'm doing something I usually do not do.
That is start a new thread for this pick.There are about half a dozen threads started.
Every time this one trader would post about the stock, he or she would start a new thread.
So I decided I was not going to pick one of those threads to post to.

(((((((((((((((((((((((((((("So here you have it, a pick on STXN")))))))))))))))))))))))))))))))
                                      -------------------------------------------------


DMC Stratex Networks Inc ( NASDAQ : STXN )
Telecomm Equipment : 3 new highs in group of 93

Technicals
Record Price High
Close Above the 13-day EMA
Record Price Break Out
Percentage Gainer

Last Price Quote is:
12.28%above 13-day EMA
17.79%above 50-day EMA
RS Rating: 95 

Fundamentals
Key Data:
Market Cap (M): $225.14 
P/E Ratio: NA 
PEG Ratio: -3.15 
Next Earnings: 10/24/2005
Last Analyst Rating: Buy


((((((((((((((((((((((((((((((((((Inverted Head Shoulder bottom)))))))))))))))))))))))))))))))
                                                         BREAKOUT

[setravis]

Profile Get Profile for: 




Stratex Networks Inc.
120 Rose Orchard Way
San Jose, CA 95134
Phone: 408-943-0777
Fax: 408-944-1678
Web Site: http://www.stratexnet.com

DETAILS   
Index Membership: N/A
Sector: Technology
Industry: Communication Equipment
Full Time Employees: 456


BUSINESS SUMMARY   
Stratex Networks, Inc. engages in the design, manufacture, marketing, and sale of high-speed wireless transmission solutions to mobile wireless carriers and data access providers worldwide. The company offers wireless transmission systems for the transport of data, voice, and video communication. Its principal product families include Eclipse Nodal Wireless Transmission system, VeloxLE, ProVision, and Bridgelink Orthogonal Frequency-Division Multiplexing. In addition, Stratex provides transmission network planning, design, and installation services. The company also serves fixed wireless carriers, enterprises, and government institutions that operate broadband wireless networks. Stratex sells its products through its direct sales force, as well as through base station suppliers, distributors, and agents. The company was founded in 1984 under the name of Dyna Lynx Corporation. It changed its name to Digital Microwave Corporation in 1984, to DMC Stratex Networks, Inc. in 2000, and to Stratex Networks, Inc. in 2002. The company is headquartered in San Jose, California.

[setravis]

BREAKOUT
Very nice bounce of the 50-day MA
Support @ $2.63.....2.41....2.19
MACD is bullish.
50-day MA has crossed over the 200-day MA around the start of August..."The Golden Cross"

Recent CandleStick Analysis
Very Bullish
Sept-26-2005 Bullish Engulfing 
Today a Long White Candlestick was formed. This shows that the prices advanced significantly from open to close during the day "under strong buying pressure".

[setravis]

Beautiful....
That's a nice strong move after the bullish 50/200-dma crossover,
"The Golden Cross"

Support @ $2.95...2.90...2.83
Resistance @ $3.18...3.26

Recent CandleStick Analysis
Bullish
Nov-25-2005 Inverted Hammer 
Nov-23-2005 Bullish Engulfing 


Technicals
MACD is Bullish
Stochastic is Bullish
Last Price Quote is:
4.01%above 13-day EMA
12.53%above 50-day EMA
RS Rating: 94 

Fundamentals
Key Data:
Market Cap (M): $274.31 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 01/26/2006
Last Analyst Rating: Buy

[setravis]

Looking at the 2 year chart breakout from the Price Channel (Bearish) Pattern
when it occurred formed a small Double Bottom (continuation) Pattern and the proceeded
to breakout from this pattern.Now attempting to break the resistance at $3.38
Volume: 541,667
Avg Volume (3m): 346,692

Support @ $3.30...3.18...3.04
Resistance @ $3.38...3.60...3.92
Recent CandleStick Analysis
Very Bullish
Dec-02-2005 Bullish Engulfing 

Technicals
Record Price High
MACD is Bullish
Stochastic is bearish

Last Price Quote is:
10.09%above 13-day EMA
21.81%above 50-day EMA
RS Rating: 95 

Fundamentals
Key Data:
Market Cap (M): $323.84 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 01/26/2006
Last Analyst Rating: Buy