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: chojiro who wrote (3036)	3/1/2002 10:27:18 AM
From: StormRider	Read Replies (1) of 3350

Juniper Networks (JNPR) 9.67 +0.35: -- Before Open -- Pacific Growth Equities downgrades to MARKET PERFORM from Buy in light of the increasingly challenging service provider market. Firm believes the service provider market has deteriorated significantly over the course of the last couple of months and that Juniper will be challenged to make firm's estimates. Firm thinks the dire financial condition of many large service providers in the U.S. is forcing the carriers to cut capital expenditures beyond the levels reached just a few months ago. Firm reduces March Q estimates to $0.01 on $132 mln, down from $0.03 on $152 mln.

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