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

To: drsvelte who wrote (451)	12/19/2000 5:17:00 PM
From: A.L. Reagan	Read Replies (1) \| Respond to of 770

In late '99 EXTR had a similar cratering from like ~$100 to ~$64 (pre-split) when one of the Black Diamond products was late in introduction and the current quarter estimates were reduced. I bought then for a position trade, which turned out to be a good thing. I bought again in the April lows. That worked out well, except I cashed out for a double rather than the ultimate four-bagger. At $33-$35, I'll buy tomorrow morning. Extreme's product solution is compelling and the valuation looking out farther than the tip of one's nose is reasonable. So, third time will either be another charm, or a lesson in "don't press your luck." We'll see.