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

To: Tom Hua who wrote (861)	9/1/1999 12:28:00 PM
From: Wizard	Respond to of 3350

New supply of stock isn't good and I am not going to try to say it is but this story is solidly in tact. Juniper is a very credible supplier of carrier-class IP routers. This is a very good growth area and its not going away. So $234 was the high for the current move and now we are in correction mode. I certainly wouldn't count out a correction of 1/3+ of its value which would take us to $157ish. As far as I am concerned, the question is not when to sell JNPR but when to buy RBAK. There is a lock-up coming off in RBAK so it looks like that one needs to correct some more too. Talking about the incremental 10-20% isn't all that interesting to me however so I am just going to average into a full position once it drops a decent percentage. Shorts enjoy it, your day has come - but will you end up making any money from wherever your entry points were (yah I know a lot of you shorted JNPR at $230 and RBAK at $140 and you are making lots of money). Your day will soon pass and you will all be back arguing the same old one-dimensional market-cap question. You liken it to PCLN, I say BRCM. Such is what makes a market.

To: Tom Hua who wrote (861)	9/1/1999 2:19:00 PM
From: Beltropolis Boy	Respond to of 3350

>there'll be plenty of new shares hitting the market next month. In addition to the 5.75 MM shares from the secondary, there are more, see below (from IPO prospectus)< tom. as a highly coveted IPO, juniper exacted this privilege from goldman to avoid the traditional 180-day lockup. most recently, i know that EBAY played hardball with goldman by signing only a four-month constraint. and similarly, if i recall correctly, BRCM got morgan stanley to lighten up by allowing its non-officer employees to sell several weeks before its six-month lockup expired sometime last year. popularity rules. -chris.