SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* COREY BOB L (Last) (First) (Middle) C/O EXTREME NETWORKS, INC. 3585 MONROE STREET (Street) SANTA CLARA CA 95051 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol EXTREME NETWORKS INC [ EXTR ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 12/01/2004
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-qualified Stock Option (right to buy)	$6.96	12/01/2004		A		30,000		12/01/2005	12/01/2014	Common Stock	30,000	$0	30,000	D

Explanation of Responses:

Remarks:

	Bob L. Corey	12/02/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Section 16 Limited Power of Attorney



 I, Bob Corey, in my capacity as an officer and/or director

of Extreme Networks, Inc. (the "Company") hereby constitute and appoint

each of William Slakey, Rebecca Guerra, Megan Buckley, J. Howard Clowes

and Elizabeth O'Callahan, individually and with full power of

substitution, my true and lawful Attorney-in-Fact, in my name and on

my behalf to,:



1. prepare, execute, deliver and file with the United States

Securities and Exchange Commission, any national securities exchange

and Extreme Networks, Inc. (the "Company") any and all reports (including

any amendment thereto) of the undersigned required or considered advisable

under Section 16(a) of the Securities Exchange Act of 1934, as amended

(the "Exchange Act"), and the rules and regulations thereunder, with

respect to the equity securities of the Company, including Form 3

(Initial Statement of Beneficial Ownership of Securities), Form 4

(Statement of Changes in Beneficial Ownership), and Form 5 (Annual

Statement of Changes in Beneficial Ownership); and



2. seek or obtain, as my representative and on my behalf,

information on transactions in the Company's equity securities from

any third party, including the Company, brokers, dealers, employee benefit

plan administrators and trustees, and I hereby authorize any such third

party to release any such information to the Attorney-in-Fact.



 I acknowledge that:



1. this Limited Power of Attorney authorizes, but does not

require, the Attorney-in-Fact to act at his or her discretion on

information provided, without independent verification of such

information;



2. any documents prepared and/or executed by the

Attorney-in-Fact on my behalf, pursuant to this Limited Power of

Attorney, will be in a form and will contain such information as

the Attorney-in-Fact, in his or her discretion, deems necessary

or desirable;



3. neither the Company nor the Attorney-in-Fact assumes

any liability for my responsibility to comply with the requirements

of Section 16 of the Exchange Act, any of my liability for any failure

to comply with such requirements, or any of my liability for

disgorgement of profits under Section 16(b) of the Exchange Act; and



4. this Limited Power of Attorney does not relieve me from responsibility for compliance with my obligations under Section

16 of the Exchange Act, including, without, limitation, the reporting requirements under Section 16(a) of the Exchange Act.



 I hereby grant to each such Attorney-in-Fact the full power and

authority to do and perform any and every act requisite, necessary, or

proper to be done in the exercise of any of the rights and powers granted herein, as fully to all intents and purposes as I might do if personally present.  I hereby ratify and confirm all that such Attorney-in-Fact

shall lawfully do or cause to be done by virtue of this power of attorney

and the rights and powers granted herein.  I hereby acknowledge that the

foregoing Attorneys-in-Fact, in serving in such capacity at my request,

are not assuming, nor is the Company assuming, any of my responsibilities

to comply with Section 16 of the Securities Exchange Act of 1934.



 This Power of Attorney shall remain in full force and effect until

I am no longer required to file Forms 3, 4, and 5 with respect to my

holdings of and transactions in securities issued by the Company, unless

earlier revoked in a signed writing delivered to the VP General Counsel

of the Company.



 IN WITNESS WHEREOF, the undersigned has caused this Power of

Attorney to be executed as of this 29th day of September, 2004.





Signature:  /s/ Bob L. Corey

Print Name:  Bob L. Corey