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

To: Percival 917 who wrote (8779)	10/19/2000 2:43:04 PM
From: Sully-	Respond to of 65232

Joel, Rick is out of town this week. He said he might not have much time to hit the threads here. I'm also interested in his thoughts. Me thinks he got stopped out of some of his options as he places them fairly tight when he is out of pocket & can't manage his portfolio closely. Ö¿Ö Tim

To: Percival 917 who wrote (8779)	10/19/2000 2:44:58 PM
From: Sully-	Read Replies (1) \| Respond to of 65232

Thursday October 19, 2:34 pm Eastern Time Press Release SOURCE: Stock Traders Daily Extreme Networks Beats Consensus Estimates, Demand is Strong, According to Thomas Kee at Stock Traders Daily SAN FRANCISCO, Oct. 19 /PRNewswire/ -- The following was issued by Thomas Kee, CRD #2369405: Stock Traders Daily ( stocktradersdaily.com ) has recently verified that the report recently issued stating that Extreme Networks, Inc. (Nasdaq: EXTR - news) has missed earnings estimates was incorrect. After speaking with George Stitt, Chairman, Pres., CEO of EXTR, Stock Traders Daily has verified that EXTR has actually exceeded consensus analyst's estimates of $0.06 per share. In addition Mr. Sitt has acknowledged that the Book-To-Bill ratio was greater than 1 which indicates strong demand for EXTR products going forward. Mr. Stitt continued by discussing the current inventory levels and referred to the conference call last night to indicate that the inventories are 100% work in progress and those products are being manufactured to meet immediate demand from customers and not to build inventory levels of completed goods. Mr. Stitt would not comment on the Whisper numbers. On Wednesday EXTR reported that revenue for the first quarter increased to $119.3 million, compared to $92.4 million in the fourth quarter of fiscal 2000 and to $47.2 million in the first quarter of fiscal 2000, an increase of 29% and 153%, respectively. Pro forma net income, excluding amortization of goodwill and intangibles, for the first quarter, was $9.0 million, or $0.08 per share, compared with fourth quarter 2000 net income of $5.0 million, or $0.04 per share, and net income of $4.0 million or $0.04 per share in the first quarter of fiscal 2000. Consensus estimates were for a gain of $.06 per share. The information above is public knowledge. The information is embedded in filings and news releases made by EXTR in the recent past. Stock Traders Daily has offered this information to help investors make educated decisions about their investments. For more information about Stock Traders Daily visit our corporate Website: stocktradersdaily.com . SOURCE: Stock Traders Daily biz.yahoo.com Ö¿Ö

To: Percival 917 who wrote (8779)	10/19/2000 4:04:43 PM
From: T L Comiskey	Read Replies (1) \| Respond to of 65232

Joel...RR posted he was going to be Out of Touch for a few days........ T

To: Percival 917 who wrote (8779)	10/22/2000 11:54:36 AM
From: RR	Read Replies (2) \| Respond to of 65232

Hey Weenie.... Well, I think you learned I was out of town all week so haven't been on here much, but regardless, my messages have been clear as a bell since back in the summer that I've been buying EXTR calls all along on dips. I've posted that so many times on the Porch. Just this past week when I was gone and EXTR released and there was an erroneous news account, I still bought more. Jim Willie relayed a message to the Porch that I got to him Thursday saying to tell everyone that I was buying more that day in fact. So, I didn't become "conspicuously quiet during this EXTR mess" as you said because of the EXTR news, if that was what you were eluding to. That's bull crap. I put my money where my mouth is. BTW, on the OTM calls you bought. Careful Joel. If they turn against you, get out. Since they are considerably OTM, they will be hit much harder should something happen. Careful Buddy. Rick