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To: Jill who wrote (26257)	7/22/2000 2:30:55 PM
From: CAtechTrader	Read Replies (1) \| Respond to of 35685

Jill to say EXTR has had a big run is to say IMHO that JDSU was done back when it was a split adjusted 12! The latest earnings reports of both EXTR and FDRY have made it clear who the emerging Gorilla is in the New Era of Networks Space. The market has been a bit confused until now, but I believe the realization of who the winner is and the perception shift of valuations is just beginning for EXTR. Forgetting even that...FDRY who before now the market gave a bias towards as being the winner in the space has a market cap of $10.4 bil....mind you at one point FDRY sported a $26 bil market cap. EXTR which is absolutely eating FDRY's lunch (much like NT is eating LU's now) sports a market cap after the "run up" of $8.33 bil...now Jill, it makes no sense at all for EXTR to have a market cap less than FDRY's so EXTR should at least exceed that..but my operative paradigm is that the Gorilla in this space will sport a $100 bil+ market cap...the market is huge...anyway, I urge perspective and relative "value" at this stage rather than TA...when paradigm shifts happen, they happen fast...witness the "Wireless" Paradigm shift last year and QCOM's subsequent move (disregarding what happened this year)...anyway, just my 2 cents... it's really hard to wait for much pullback in these situations, they tend to just get away from you...EXTR pulled back sharply ahead of its earnings after FDRY missed...EXTR's earnings made it obvious that EXTR was the source of FDRY's problems...I believe a lot of shorts are trapped in EXTR and it is very under-owned and under-covered by the street and institutions...the kind of situation I love. All the best to you always Jill...good luck and good trading...Cheers!!!