Extreme Networks, Inc. (EXTR) Message Board

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Technology Stocks : Extreme Networks, Inc. (EXTR)

EXTR 19.02

+2.6%

Oct 31 9:30 AM EST

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To: MENSO who started this subject	1/16/2002 6:56:37 PM
From: A.L. Reagan	Read Replies (1) of 770

From Briefing: 17:34 ET Extreme Networks (EXTR) 14.61 -0.75: -- Update -- On call, says it expects gross margins to be slightly higher over next few quarters; however, due to uncertain global economic environment, it is refraining from providing specific fiscal Q3 (Mar.) guidance at this time... did note that it was optimistic that it will see some degree of sequential revenue growth... current consensus sales and EPS estimates are $114.39 mln and $0.02... EXTR +0.14 at 14.75 17:27 ET Extreme Networks (EXTR) 14.61 -0.75: -- Update -- On call, says that while forward visibility remains limited given the uncertain macro-economic environment, it is optimistic that the worst of the industry downturn is behind them... says it will take several quarters for Americas region to return to historical form where it accounts for 45-50% of total revs... over next 18-24 months, is targeting gross margins at 53-55%; R&D at 12-13%, and operating profit at 15-20%... EXTR +0.14 at 14.75

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