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Re: Zeev Hed post# 4567

Wednesday, 07/17/2002 5:47:41 PM

Wednesday, July 17, 2002 5:47:41 PM

Post# of 704019
17:43 ET Extreme Networks doesn't provide guidance (EXTR) 11.42 -0.35: -- Update -- On conference call, company says it will not provide any specific financial guidance due to uncertain business conditions; market had been expecting slight sequential improvement in the Sep qtr to $0.04 and $115.3 mln; stock at 11.00 after hours - could be some disappointment that company failed to offer guidance.

17:48 ET Extreme Networks on book/bill (EXTR) 11.42 -0.35: -- Update -- In Q&A session, an analyst says he thought company needed a 1.05 book/bill ratio to offset Sep qtr seasonal weakness; though company wouldn't give specific number, book/bill was over 1.0 and they sounded comfortable with the analyst's assumption.

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