Juniper Networks - JNPR Message Board

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Technology Stocks : Juniper Networks - JNPR

JNPR 39.95

0.0%

Jul 2 5:00 PM EST

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To: Don Pueblo who wrote (1755)	10/14/2000 9:05:56 AM
From: John Carragher	Read Replies (1) of 3350

Barrons mention this morning may give a boost on Monday Juniper Networks, meanwhile, showed why it's the top-performing stock in the Morgan Stanley Internet Index this year. It reported third-quarter profits of 17 cents a share on Thursday, nearly double Street expectations of nine cents. That marked the second consecutive quarter in which Juniper has easily topped the consensus estimate. A maker of highend routers, Juniper has emerged as a strong competitor to Cisco Systems. The company does have an extraordinary valuation, however. At 228.50, it fetches 285 times projected 2001 profits of 80 cents. Some think Juniper is a candidate for inclusion in the S&P 500 because of its hefty market value of $80 billion and growing profitability. Juniper could get a nice boost from index funds if the stock does join the S&P.

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