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Technology Stocks : Ascend Communications (ASND)

ASND 199.47

+1.1%

Nov 6 3:59 PM EST

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To: The Phoenix who wrote (61206)	6/11/1999 1:03:00 AM
From: MMW	Read Replies (2) of 61433

Gary, Here is what my estimation on JNPR IPO. JNPR is going to be traded at June 25, Friday. I speculate it might trade as high as $50-100 range. Given JNPR published information, it has 40 mil shares outstanding. So, market hype will make it $2-4 bil company. It will go higher as long as the company is constantly beating the market expectation. The company probably will do better than $50 mil revenue this year. If market is going to demand as much as it is predicted, Juniper may double its earning next year. I am pretty sure they will make some money this year, probably starting this coming quarter. If you take a look of what they did last quarter vs a quarter before from loss $.84 to $.17, it was a big jump. Given Internet demand for the Core, and Cisco kept screwing up. I would expect Juniper do very well. This company is the result oriented. They do not make announcement until they actually delivers. Let us wait and see those two predictions become true or not. Regards,

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