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To: Clint E. who wrote (32751)	6/12/2001 1:40:19 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68613

13:21 ET Extreme Networks (EXTR) 30.49 +0.52: -- Update -- There was reason for EXTR's run other than the strength of FDRY/FFIV: Merrill Lynch is out with a note this afternoon stating that they spoke with the Extreme CFO prior to the firm's 1:30 pm ET appearance at the CIBC conference; Merrill says that EXTR says that the Jun qtr is the most linear in a year, that the company saw a stronger than expected April/May and expected acceleration in June, and that discounts/selling prices have been in line with expectations. 13:14 ET Enterprise Networking : After a bullish Merrill initiation on FFIV (13.33 +1.53) and positive comments from FDRY (19.20 +1.37) at the CIBC conference, investors now looking to other networkers selling into the enterprise market: Extreme (EXTR 30.44 +0.47) is now up on the day, but the biggest enterprise networker of all -- Cisco (CSCO 19.45 -0.93) -- has been a laggard thus far