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Strategies & Market Trends : Paint The Table
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To: Oral Roberts who wrote (12838)2/5/2002 12:27:47 PM
From: Junkyardawg  Read Replies (2) of 23786
 
One thing to note on JNPR, at present they have a market cap of about 4b. According to Yahoo they have almost 1b in cash on hand.

JNPR is not going bankrupt and in my opinion a $10 target is pretty aggressive. Yeah the market sucks the past few days but you never know when it will kick you in the butt and with a billion cash, a huge short position, well anything can happen. Of course this comes from someone that is long and at this point I am pretty mad at myself for paying so much when it has gone down so fast.

dawg
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