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Technology Stocks : Newport Corp.NEWP...lasers..semi..mfg...equipment..

NEWP 2.200

+1.1%

Oct 30 3:59 PM EDT

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To: 2MAR$ who wrote (145)	3/13/2001 7:19:34 PM
From: All Mtn Ski	of 174

Good news from EXTR and a nice late day rally from NEWP: Extreme Net Is Not Seeing International Slowdown NEW YORK (Reuters) - Extreme Networks Inc. (NasdaqNM:EXTR - news) said on Tuesday that although the U.S. market remains challenging, the communications equipment maker has not seen a slowdown in international sales and demand. ``Despite cautious comments you may heard from other companies, we are not seeing a slowdown internationally,'' Chief Financial Officer Vito Palermo said at the Merrill Lynch Global Communications Investor Conference. ``The domestic market remains choppy, but internationally we're not seeing softness.'' The company said its sales cycle has changed as the average size of its equipment deals increased. A year ago, its average deal size was about $100,000 to $150,000. Now its average sale is in the range of $1 million to $3 million. Although larger deals are positive, ``it makes the order pattern a little lumpier,'' Palermo said. The company said it will monitor its sales cycle closely. Overall, Extreme Networks said has it not seen any significant changes in the level of competition or product pricing in the equipment market. dailynews.yahoo.com

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