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

To: Archie Meeties who wrote (1493)8/31/2000 8:48:09 PM
From: greggcap  Respond to of 3350
 
I began unwinding my SAPE short position today and rolled it into a new short position in JNPR between $210 and $214.

My slide rule tells me the earnings in this company might justify today's PE early in the next millennium.

I am not bashing SAPE or JNPR. They are both great companies which just happen to be suffering from wickedly high valuations.

gregg



To: Archie Meeties who wrote (1493)9/1/2000 9:49:11 AM
From: Bill  Read Replies (1) | Respond to of 3350
 
Insider sales don't appear different from any other high flyer. If the CEO has sold 10% of his original holdings, I'd be surprised. Bodes well for company.


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