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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Venkie who wrote (8695)	10/19/2000 9:22:30 AM
From: Dalin	Read Replies (1) \| Respond to of 65232

Good morning all! Clappy? Those baby bulls ready for their first run? :0) D.

To: Venkie who wrote (8695)	10/19/2000 10:26:33 AM
From: Sully-	Read Replies (1) \| Respond to of 65232

Hi VENKIE, EXTR did not soar. One reason might be with Reuters constantly repeating that EXTR missed consensus estimates by 2¢. They have sent numerous CORRECTIONS to the story & every time they still state EXTR missed by 2¢, rather than beat it by 2¢....... Latest example from this AM.... Thursday October 19 8:32 AM ET "Another laggard was Extreme Networks Inc. (NasdaqNM:EXTR - news), whose shares were mauled in after-hours trade, falling about 10 percent to $96-1/4, after the computer networking equipment maker reported first-quarter net earnings that misses expectations." dailynews.yahoo.com Finally at 10:00 AM, they got it right after about 30 screw ups..... who is reading the latest CORRECTION CORRECTION CORRECTION....... "Thursday October 19, 10:00 am Eastern Time CORRECTED - U.S. stocks seen sharply at open after good corporate results In NEW YORK story headlined: ``U.S. stocks seen sharply at open after good corporate results'' read in paragraph 21 ... Extreme Networks Inc. (NasdaqNM:EXTR - news) shares were mauled after-hours, falling about 10 percent to $96-1/4, despite the computer networking equipment maker reporting first-quarter earnings that exceeded Wall Street estimates ... instead of ... Another laggard was Extreme Networks Inc. (NasdaqNM:EXTR - news), whose shares were mauled in after-hours trade, falling about 10 percent to $96-1/4, after the computer networking equipment maker reported first-quarter net earnings that misses expectations. (corrects to make clear that Extreme Networks reported earnings that exceeded Wall Street estimates, not missed estimates)." biz.yahoo.com What a crock of crap FWIW.... Ö¿Ö

To: Venkie who wrote (8695)	10/19/2000 10:27:55 AM
From: freeus	Respond to of 65232

Well EXTR sure aint boogieing now. I don't think I'll buy options again after this year, not even leaps in any kind of big way, they lose too much in the down drafts and never come back where they were before. I'm going to be all stock when I sell off the ones I have. I guess I'll still do cov calls but I don't know about selling puts. It hasn't worked out for me. Maybe it will be smoother when I'm not working and can watch more but I don't think so. Freeus