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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (30811)	10/20/1999 6:14:00 PM
From: Benkea	Respond to of 99985

haim: "Benkea, at least IBM has real earnings. have you seen Juniper Networks (spl?) they lose (0.05) instead of 0.12 and the stock rallies $14 I think." But you gotta love the recent JNPR secondary almost days after the 90 day lock up period wherein insiders sold near ALL their shares (excluding the boatload of options I am sure they are getting) for $10 bil (or 10% of the companies then market cap). $10 bil isn't bad compensation per hour for this performance - eh? "For the six months ended 6/30/99, revenues totalled $27.6 million, up from $0 thousand. Net loss fell 5% to $10.5 million." As long as their are brain-dead "investors" out there who don't mind transferring their wealth (or debt - hehe), this will continue.