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

To: oldirtybastard who wrote (25685)	12/18/2000 11:11:12 AM
From: CAtechTrader	Read Replies (3) \| Respond to of 65232

EXTR situation is FUD. It is a re-hash of deliberate inventory build-up the company pursued in the last quarter in order to avoid a parts shortage. The company fully disclosed this in its conference call along with the reasons for doing so. Analysts at the time stated it made sense in order to keep sales momentum and competitive advantage as parts shortages lead to lost sales and lost sales are lost income flows for years or decades. This was rehashed as "news" for the benefit of some shorts. We on the porch know it when we see it. If you email IR at EXTR they are replying with the following note: Dear Investor: I have seen this report and can tell you that, factually, it is not at all correct. I am unfamiliar with the company that issued this report and am not sure how they conducted their research for the report. What I can tell you is that we communicated on our 10/18/00 conference call that we increased inventories during our September quarter. Reduction of allowance for doubtful accounts is a positive for the company, so this should not be a concern. I hope this helps. Thanks, Kerri Ball Investor Relations Manager Extreme Networks, Inc. 3585 Monroe Street Santa Clara, CA 95051-1450 kball@extremenetworks.com