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

To: moby_dick who wrote (581)	8/6/1999 2:25:00 PM
From: RDR	Read Replies (1) \| Respond to of 3350

I think we have company on JNPR short from TSC... watch the statement about JNPR...... Total Arrogance By James J. Cramer 8/6/99 2:07 PM ET Why does Micron (MU:NYSE) mock us with its strength? Is Seagate (SEG:NYSE) trying to fool us into playing? Is it the siren song of Intel (INTC:Nasdaq) that makes me so on edge? Or the strength in Applied Materials (AMAT:Nasdaq)? Jeff Berkowitz, my partner, calls stocks like these -- the ones that rally when they shouldn't -- "arrogant stocks," as in, the arrogance of the buyers who think they know more than those of us not participating. I try not to personalize it. Life's too short. But the arrogance comment does capture so much of what you have to feel about the scattered strength on the face of a backdrop that is just OK: a presumed tightening, a worse-than-expected productivity report and an underwriting market that comes back to life the moment that Ask Jeeves (ASKJ:Nasdaq) rallies 1/8. For me, I catch up on my reading, check out some new names, do work on some out-of-favor cyclicals that could be the next Union Carbide (UK:NYSE). And I stew about the arrogance of the Junipers (JNPR:Nasdaq). Regards,