Extreme Networks, Inc. (EXTR) Message Board

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Technology Stocks : Extreme Networks, Inc. (EXTR)

EXTR 18.79

-1.3%

Nov 3 3:59 PM EST

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To: MENSO who started this subject	10/17/2001 2:06:27 AM
From: neverenough	Read Replies (1) of 770

Bullish rumors on the networking bellwether Cisco Systems (CSCO) appeared to contribute to the upside move. At this point it is just a rumor, but nonetheless the word has it that the company closed its quarter two weeks earlier (Cisco's quarter end in October). This is because it has already met its quarterly numbers and now whatever revenue the company books, is going to be deferred to the next quarter. If the rumors were true, this would obviously be incredibly bullish news. Many networking stocks including leading rival Juniper Networks (JNPR), Ciena (CIEN) and Extreme Networks (EXTR) exploded on the rumor, all making gains of around 10 to 12% on the day.

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