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Technology Stocks : Juniper Networks - JNPR -- Ignore unavailable to you. Want to Upgrade?


To: Guy who wrote (19)6/16/1999 3:30:00 PM
From: Wizard  Read Replies (1) | Respond to of 3350
 
Priceline.com was a recent deal which was probably about this hot. Maybe Broadcom last year is comparable. Don't bother studying their price charts over the first couple days of trading though. Trading on such days is not predictable. Getting a high quality company at a decent price shortly after an ipo is a crapshoot. Rub your rabbit's foot and cross yourself, pick a spot and hold on - its the American way. Have faith in the best US tech companies and most importantly diversify. Betting the ranch is really crazy. Tech companies are built on surprises, positive and negative. Juniper has all the hallmarks of a winner but Cisco is quite a competitor. Juniper could honestly be worth $20 billion or $500mm in two years. So that is my 'expected per share value' over next 24 months; $8 - $333.... plus or minus $2. I have 95% confidence.



To: Guy who wrote (19)6/22/1999 3:01:00 AM
From: Bull4Now  Read Replies (2) | Respond to of 3350
 
Guy;

Whatever you do... DO NOT place a market order !! This is a sure way to get slaughtered. In fact, my advice to everyone is DO NOT place a market order for JNPR on the first day of trading. I remember when NSCP went public. I put a limit day order in for the "fun of it" at $35. Needless to say, it never got filled - I'm very glad I didn't put a market order because the stock opened at an outrageous price.

If you're interested in buying Juniper for a long term hold, wait at least a month for the stock to settle... BUT there are some things to consider: Tony Li (their top software architect) has left the company , Ericsson is selling 2/3 of their investment as part of this IPO, and Juniper's software resulted in outages at Cable and Wireless ...
techweb.com

Bull