Extreme Networks, Inc. (EXTR) Message Board

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Technology Stocks : Extreme Networks, Inc. (EXTR)

EXTR 18.87

-0.8%

2:45 PM EST

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To: MENSO who started this subject	5/1/2002 1:28:59 PM
From: Trieu	of 770

Some observations on recent quarterly earnings... 1) Revenues still grew in apparently tough business environment 2) Positive free cash flow of 13 million 3) Gross margin improved from 52.83% in previous quarter to 57.51% 4) Expenses declined slightly from previous quarter, but R&D was higher Now for my take on it. It seems like they increased sales without cutting prices overall. The financial management looks to be sound. New products seem to be doing well. Overall, I think it was a good quarter.

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