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To: The Phoenix who wrote (40723)10/12/2000 5:25:48 PM
From: Eric  Respond to of 77398
 
Yeah,

We have to keep this in perspective. Juniper is a fly on Cisco's windshield.

I'm eagerly awaiting Cisco's next router in Beta tests right now.

Supposed to be a smokin fast machine.

Eric



To: The Phoenix who wrote (40723)10/12/2000 5:41:07 PM
From: RetiredNow  Read Replies (1) | Respond to of 77398
 
No only that but Juniper's revenues were SEVEN TIMES last years revenues. So do they deserve a high PE? The answer is a resounding YES.



To: The Phoenix who wrote (40723)10/12/2000 5:41:42 PM
From: Ed Forrest  Respond to of 77398
 
Nope... it should be a positive. Analysts that suggest otherwise are not doing much analysis.

Guess this is what you are referring to:

1772Thursday October 12, 4:55 pm Eastern Time
Juniper Networks Q3 earnings top forecasts
SUNNYVALE, Calif., Oct 12 (Reuters) - Juniper Networks Inc.(NasdaqNM:JNPR - news) , a maker of high-speed routers used in computer networks, on Thursday reported third-quarter earnings that were nearly double analysts forecasts amid strong revenue growth.

The Sunnyvale, Calif.-based company reported third-quarter earnings of $60.34 million, or 17 cents per diluted share, compared with a loss of $785,000 or nil cents per share a year before. Figures exclude amortization of goodwill, deferred stock compensation and charitable contribution charges in all periods.

Revenues for the third quarter rose to $201.2 million, nearly seven times the $29.6 million in revenues a year before.

On average, analysts polled by First Call/Thomson Financial had forecast earnings of 9 cents per share.

Juniper has gained ground against rival Cisco Systems Inc. (NasdaqNM:CSCO - news), the biggest maker of gear that helps to power the Internet, with its high-speed routers. It now has market share of about 20 percent and analysts have said it will likely continue to gain share against principal rival Cisco.

Juniper shares closed down $6-25/64 to $199-39/64 on the Nasdaq, compared with a year-high of $240 and a year-low of $35-1/16.