Extreme Networks, Inc. (EXTR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Extreme Networks, Inc. (EXTR)

EXTR 19.02

+2.6%

Oct 31 9:30 AM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DiB who wrote (735)	9/30/2002 12:11:33 PM
From: DiB	Read Replies (1) of 770

CC notes: Linear sales pattern (same as before), but drop of sales in September... in Sep they had new products as well as new products from Cisco that some customers probably wanted to evaluate... gross margins lower, 48-49, due to one time events (some component issue that required some warranty, they've been working on this for couple quarters now, and they believe is solved now with new products), margins will be same (53-54) or better by the end of next quarter; dso 42-44; cash 400-405 mln; solid balance sheet; don't expect a revenue drop; break even revenue number will be around 90 mln due to decreased cost of goods, sales and distribution channel reorganization making them more productive, and lower expenses... don't expect a charge... all this will have them generating free cash flow... joking that they are solid and strong, and don't expect to go out of business they way stock price suggested the past couple weeks...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next