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


To: A.L. Reagan who wrote (450)12/19/2000 5:02:31 PM
From: drsvelte  Read Replies (1) | Respond to of 770
 
Foundry Networks (FDRY) 30 5/8 -2 3/8: -- Update -- Fallout from FDRY warning (changes from mkt close): CSCO 40 1/2 -1 1/4...JNPR 105 1/2 -8 1/4...EXTR 34 1/2 -14 1/16...FFIV 13 1/2 -1 1/2.

Foundry Networks (FDRY) 30 5/8 -2 3/8: -- Update -- Issue reopens for trading...FDRY 18 1/4 -12 3/8 from mkt close

Jabil Circuit (JBL) 27 3/4 +3/4: -- Update -- Conference call at 4:30 pm ET; 212.896.6009, passcode: Jabil Circuit earnings. Stock down 4 to 23 after hours.



To: A.L. Reagan who wrote (450)12/19/2000 5:38:13 PM
From: Jerry Miller  Read Replies (1) | Respond to of 770
 
at this point, these guys have no choice but to reiterate guidance first thing in the morning.



To: A.L. Reagan who wrote (450)12/19/2000 6:13:47 PM
From: RR  Respond to of 770
 
Nasty market isn't it. Months back as I recall, EXTR was taking business from FDRY. Hope that is still the case. Maybe that will soften the blow on EXTR to some extent.

You are correct, though, will suffer collateral damage. I'll view this an opportunity to buy EXTR calls. Think it will recover ahead of others when Naz turns.

RR