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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (879)1/12/2001 11:47:26 AM
From: The Phoenix  Read Replies (2) | Respond to of 15481
 
Yup. I dropped mine yesterday at $134 and am wondering if I'm going to regret it. I do expect a pullback to the 105-110 range but.... then.... JNPR is one of those stocks that can just run and you'll never catch it. That all said, at $35B it's waaaaaaaaaaaay overvalued. It's a mo play that will come to roost eventually and you don't want to be sitting on it when that happens.

OG



To: Rich1 who wrote (879)1/12/2001 11:48:28 AM
From: The Phoenix  Read Replies (1) | Respond to of 15481
 
Yup. I dropped mine yesterday at $134 and am wondering if I'm going to regret it. I do expect a pullback to the 105-110 range but.... then.... JNPR is one of those stocks that can just run and you'll never catch it. That all said, at $35B (EDIT: Scuze me... make that $42B - YIKE!) it's waaaaaaaaaaaay overvalued. It's a mo play that will come to roost eventually and you don't want to be sitting on it when that happens.

OG



To: Rich1 who wrote (879)1/12/2001 11:49:27 AM
From: The Phoenix  Read Replies (1) | Respond to of 15481
 
Yup. I dropped mine yesterday at $134 and am wondering if I'm going to regret it. I do expect a pullback to the 105-110 range but.... then.... JNPR is one of those stocks that can just run and you'll never catch it. That all said, at $35B (EDIT: Scuze me... make that $42B - YIKE!) it's waaaaaaaaaaaay overvalued. A mere 104 times trailing sales and 520 times trailing earnings..... sheesh!!!!

It's a mo play that will come to roost eventually and you don't want to be sitting on it when that happens.

OG