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Technology Stocks : Extreme Networks, Inc. (EXTR)
EXTR 18.79-1.3%3:59 PM EST

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To: MENSO who started this subject9/30/2002 6:39:48 AM
From: Joseph Waligore   of 770
 
EXTR warns -- Citing weak economic conditions, Extreme Networks, Inc. (Nasdaq: EXTR - News) today announced that it expects revenue for the first quarter ended Sept. 29, 2002 to be approximately $100 million, as compared to $113 million in revenue in the quarter ended June 30, 2002. Based on this revenue level, the Company expects to report a loss of approximately $0.03 to $0.04 per share for the quarter on a GAAP basis.
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