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

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To: Spytrdr who wrote (2216)2/15/2001 7:18:58 PM
From: Bruce Brown  Read Replies (1) of 3350
 
Good call, Spy. Had you also called at the same time that Nortel would warn after the bell on the day that Juniper nearly reached resistance to say that Nortel would see -.04 instead of the estimated .16 for the quarter - then I would treat you to an adult beverage or two. I know - you would tell me it was in the chart. I'm looking forward to the point in the economic cycle when warnings and disappointing quarterly earnings begin to see share prices increasing rather than decreasing....

In spite of that, a non legacy vendor like Ciena is enjoying the benefits of receiving the limited budget dollars from customers over a legacy vendor like Nortel. They had a good report this morning and upped full fiscal year guidance. I don't know if that was in the charts or not.

BB
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