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To: Clint E. who wrote (23986)	10/15/1999 12:09:00 AM
From: Suresh	Respond to of 67997

Hi Clint, biz.yahoo.com looking at the release it seems that they were expecting about 63 1/8 for the secondary. Extreme Networks files to sell 6.5 mln shares WASHINGTON, Sept 29 (Reuters) - Extreme Networks Inc. (NasdaqNM:EXTR - news), provider of switching for local area networks, filed Wednesday to sell 6.5 million shares, a Securities and Exchange Commission filing showed. The company plans to sell 1.275 million shares while stockholders including Gordon Stitt, the company's president, chief executive officer, and chairman as well as others, will sell the remaining 5.225 million shares, the filing said. Extreme Networks, based in Santa Clara, Calif., will receive about $80.5 million from the sale of its shares and said it plans to use the funds for general corporate purposes, including capital expenditures and working capital. The company won't receive any of the money from the sale of stockholders' shares. The underwriters, Morgan Stanley Dean Witter, BancBoston Robertson Stephens, Dain Rauscher Wessels, Hambrecht & Quist and SG Cowen, have been allotted 975,000 extra shares in the event of heavy demand. Extreme Networks' shares closed up 5/16 to 66-15/16 on Nasdaq. Later, Suresh

To: Clint E. who wrote (23986)	10/15/1999 11:03:00 AM
From: shasta23	Read Replies (1) \| Respond to of 67997

Hi CLINT! Nice for you to drop by to give warning. I stayed mostly in cash this time and it feels Soooooo relaxing right now. I never forget last October when you gave me some perspective and a heads up during the ultimate shake out in DELL. I needed a vacation after that day but since then never, ever let a trade get away from me that far. You mentioned in a post that you would "fade the market". If it's something you could share i would really appreciate how you do that. I assume you do it on strong up or down days and you go the other way as soon as initial momentum stalls. I tried it in an individual stock for a scalp today and it worked but i did it without clear idea of a setup.Just got lucky! But what do you use as indicator? Certain indicator stocks?Tick? And do you play individual stocks or do you use stuff like QQQ,SPY? or maybe both? Any comments appreciated! Stefan