Technical analysis for shorts & longs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 683.31

0.0%

Nov 12 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (36590)	3/27/2002 4:39:46 PM
From: Johnny Canuck	Read Replies (1) of 67879

16:17 ET JNPR Juniper Networks revises down Q1 guidance (11.92 +0.35) Co expects revenue for Q1 to be approximately $120-$125 mln, down from the original guidance of $150-155 million. Pro forma EPS is expected to be slightly above breakeven, vs consensus of $0.02. The co's revised outlook reflects continued cautious spending on the part of service providers and carriers, as evidenced by widespread reductions in capital expenditures in the telecommunications market. 16:14 ET JNPR Juniper Networks halted (11.92 +0.35) [Harry: The JNPR miss is not as bad as I expected. It all depends on the forwards guidance they give when they actual report though. How fragile the market is will be determined by whether JNPR break below 9 tomorrow. My guess is it will not as the miss was not as bad as expected and the fact the perception will be that the worse has been priced in.] 16:08 ET SONS Sonus Networks guides Q1 lower (2.80 -0.13) Co estimates Q1 pro forma net loss of $0.08 on revs of $21 mln, vs consensus ests of a loss of $0.04 and revs of $33.8 mln; co also expects to record a $5-$10 mln charge in the qtr associated with excess inventory. "The further deterioration in the U.S. telecom industry, for both emerging carriers and even the largest service providers, has led to a decline in our revenues for the first quarter," said Hassan Ahmed, president and CEO. [Harry: A lot closer to the miss I was expecting. This company has a longer ways to fall than JNPR because of the lack of institutional support.]

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next