Extreme Networks, Inc. (EXTR) Message Board

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Technology Stocks : Extreme Networks, Inc. (EXTR)

EXTR 17.65

-0.9%

Nov 5 3:59 PM EST

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To: Dave who wrote (622)	8/20/2001 6:55:16 PM
From: A.L. Reagan	Read Replies (1) of 770

The question is, what is a fair valuation for this stock? $16.50 per share looks real good to me. I bot back in today on a standing GTC order when we hit $16.80, a 30% decrease from the $24 price the day of earnings. This company, and the stock, has the potential to really scoot once the capex cycle picks up a bit - they are well-positioned in some real sweet spots, and for the investor with a longer-term horizon this may be a good opportunity. Just my two cents. Beware that EXTR is still no screaming bargain at $16.50, but at this price I feel the risk reward ratio has shifted to the reward side.

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