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Technology Stocks : Extreme Networks, Inc. (EXTR) -- Ignore unavailable to you. Want to Upgrade?


To: MCF who wrote (358)10/19/2000 11:20:10 AM
From: LJM  Read Replies (3) | Respond to of 770
 
Yes>>>several reuters news items reported EXTR missed earnings of 6 cents. The reports have since been corrected, but the damage has been done. The quarter was awesome!!! The stock will reflect that after the "REAL" news filters out!

For example an excerpt from Reuters report this morning:
...<< Extreme Networks Inc. <EXTR.O>, which makes computer
networking equipment, was battered in after-hours trade,
falling to $96-1/4 on Instinet from a close of $107-1/8. The
stock fell after the company reported fiscal first-quarter net
earnings of 4 cents per share, below estimates of 6 cents.>>