Barrons says the company is doing fine and the the stock selloff is overdone. As of FY087 EXTR had $225M in cash vs a current mkt cap of $350M. EXTR also owns is HQ in highly desireable Santa Clara, CA. Barronss states after backing out the tangibles, the core business is only vlaued at $100M. $5/share upside target.
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This entry was posted on March 17, 2008, 7:30 am and is filed under Ranting, Raving and Whining, Technology. You can follow any responses to this entry through RSS 2.0.
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