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


To: Boplicity who wrote (1474)8/30/2000 10:20:59 AM
From: Red Heeler  Respond to of 3350
 
Those are all excellent points. I hope you'll let us know when you think JNPR has lost its momentum - not that I think that will happen any time soon.

CC



To: Boplicity who wrote (1474)8/30/2000 10:51:20 AM
From: Selectric II  Read Replies (1) | Respond to of 3350
 
What do you think is a good starter entry point for lt buy on JNPR? Now, or wait? (currently $207+, 52-week high, NASDAQ 100 just announced).

TIA



To: Boplicity who wrote (1474)8/30/2000 4:48:02 PM
From: t2  Read Replies (1) | Respond to of 3350
 
well they had bad reasons to short. I never short a stock while it's going up. I'm a scared short I wait till there is a reason, something has to be wrong with the company, sector, and market. Most important you have to have the market in your favor along with at least something wrong with the company, and right now the market is biased upward, and there is nothing at wrong with JNPR.

Agree. I would also point out that this is not the type of stock that would be overowned such as JDSU. It may behave the way BRCM did when that one was added to the S and P.
In addition, I think the trend is to tech funds, many tracking the Nasdaq100. This the best way for international investors to buy US tech stocks---Europe and Asia probably buy their nasdaq stocks this way.
I also think the time of year is right for tech and Nasdaq100 index buying will really support this stock going forward.
Also read an article that JNPR taking market share from Cisco a while ago. Nothing that I can see that would hurt this stock, given the time of year.

Valuation not a problem given its high growth rate. The deal with NT will be bringing a lot more orders as well. It can keep eating into Cisco's market share along with some help from NT--as NT is getting so much infrastructure business.