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Technology Stocks : Juniper Networks - JNPR
JNPR 39.950.0%Jul 2 5:00 PM EST

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To: Bo Le who wrote (828)8/27/1999 2:05:00 PM
From: Wizard  Read Replies (2) of 3350
 
Hi guys, its me the bull. I wouldn't expect AG to understand the technology markets - Warren Buffet and Peter Lynch don't either. It isn't their area of expertise. AG is an expert on inflation but not inflated tech stocks. There are always bubbles when referring to tech stocks - and they pop when growth expectations change. BAAN, COMS and LRCX were bubbles - they were also 10-baggers.

JNPR is a bubble just like JDSU and RBAK and CMTN are bubbles. But the bubble ain't going to burst until growth expectations change. Until then, its just trading up/down 30%ish moves.

My trading software indicates the current bull move takes us to $250, at least. We shall see.
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