nice, but JNPR is trading at over 100 times REVENUES.
• Full fiscal year 2000 revenue was $673.5 Million
Let's see, 100 times $673.5 Million = $67.35 Billion
• Management upped full year 2001 revenue guidance to $1.5 - $1.6 Billion
Let's see, 100 times $1.5/$1.6 Billion = $150/$160 Billion
Juniper's market cap is around $43 Billion at the moment.
Not that this is an indication that we're talking about a discount or anything, but I'm wondering where you got the 'over 100 times revenues' idea. We could run through all the top tier dominate franchises to see what the premium is: Brocade, Siebel, i2, Network Appliance, BEA Systems, Checkpoint Software, Ciena, etc... .
besides, Cisco will come out with a competing product soon.
Do you think it's just about an OC 192c issue in this software intensive game? When that product finally does ship from Cisco, we'll see what the long term lasting effects are to Juniper.
BB |
