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: CookiePuss who wrote (2589)	6/9/2001 3:34:58 PM
From: t2	Read Replies (2) of 3350

Thanks for the analysts' commentary. LOL. I am not interested in buying this one yet. I am just wondering how much downside a stock like Ciena still has, to possibly get in a short play as a hedge against a large long tech holding me. It is the last one to still have a high flier status, imho. JNPR and CIEN seemed to be the last ones to fall significantly. That is why I still think there may be downside to CIEN. The danger for the shorts on that one is that the telecommunication weakness story is not news. However, there is a good chance that Ciena will finally warn...up until now it has stuck to its forecasts. Competitive pressures from Nortel and others may finally catch up to them. As for most other tech sector, I think they have hit bottom and there is more potential to the upside. ie..Computers and semiconductors that focus on the PC sector. Storage may also bottom soon. JMHO.

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