Money Matters - Simplified


Is Extreme Networks Exploiting a Great Niche?

 I came down pretty hard on networking veteran Extreme Networks (Nasdaq: EXTR) after its third-quarter report. So hard, in fact, that Extreme's management wanted a chance to tell their side of the story and set the record straight. So Tuesday afternoon, I sat down for a half-hour discussion with CEO Oscar Rodriguez and CFO Bob Corey. This is what I found out.


'Extreme' raising funds for flood victims

Los Angeles -- ABC and "Extreme Makeover: Home Edition" say they have teamed up to help raise money via a text-to-donate system in support of Nashville flood relief.

People can text the keyword NASH followed by a space and the amount they want to donate to 27138.

A "thank you" message with instructions enabling them to safely and securely fulfill their donation via credit card will follow. The donation will not be billed to people's mobile phones, the network said in a news release Friday.

All proceeds are to go to The Community Foundation of Middle Tennessee.

ABC and SOAPnet have previously donated $50,000 to the organization to assist with flood recovery.

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