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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: jlivea who wrote (63953)	1/19/2000 9:27:00 AM
From: 2MAR$	Respond to of 108040

Juniper Networks turns in first profit since IPO MOUNTAIN VIEW, Calif., Jan 18 (Reuters) - Juniper Networks Inc., one of several computer networking companies that have staged high-flying initial public offerings in recent months, on Tuesday reported a profit in its fourth-quarter as sales surged. Juniper <JNPR.O>, which makes a super-fast router that is challenging market leader Cisco Systems Inc., said net income for the fourth quarter ended Dec. 31 -- including amortization of goodwill and a deferred compensation charge -- was $3.1 million, or 2 cents a share, compared with a loss of $9.28 million, or 22 cents, in the same period a year earlier. Revenue rose almost 12-fold to $45.4 million from $3.81 million. It was the Mountain View, Calif.-based company's first profit since staging its IPO in June