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Strategies & Market Trends : The New Economy and its Winners
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To: Mark Fowler who wrote (7674)6/19/2001 2:03:32 PM
From: Bill Harmond  Read Replies (1) of 57684
 
From Briefing: Juniper Networks (JNPR) 29.02 +0.72: In morning note, Needham & Co upgrades to BUY from HOLD rating with price target of $35; firm is aware of the challenges facing Juniper in the current environment, but feels that investors should not lose sight of the distinction between excess capacity in the transport layer and the different dynamics of the services layer of the wide-area core; also, the eventual implementation of widespread broadband access holds the potential to rapidly soak up capacity in both the core and the edge of the WAN, which firm believes should benefit Juniper.
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