Extreme Networks, Inc. (EXTR) Message Board

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Technology Stocks : Extreme Networks, Inc. (EXTR)

EXTR 17.46

-1.0%

10:52 AM EST

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To: MCF who wrote (358)	10/19/2000 11:20:10 AM
From: LJM	Read Replies (3) of 770

Yes>>>several reuters news items reported EXTR missed earnings of 6 cents. The reports have since been corrected, but the damage has been done. The quarter was awesome!!! The stock will reflect that after the "REAL" news filters out! For example an excerpt from Reuters report this morning: ...<< Extreme Networks Inc. <EXTR.O>, which makes computer networking equipment, was battered in after-hours trade, falling to $96-1/4 on Instinet from a close of $107-1/8. The stock fell after the company reported fiscal first-quarter net earnings of 4 cents per share, below estimates of 6 cents.>>

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