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To: Glenn D. Rudolph who wrote (116909)2/3/2001 2:53:58 PM
From: GST  Respond to of 164684
 
JNPR has been a real growth story -- but at 52 times sales it is vulnerable to a slowdown. I was "short" at 235 and watched in frustration as it gyrated without dropping so I gave up -- then it bombed. I got it later from 135 down to 100 or so and made a little money. Somewhere in the 80 dollar range I might try the long side for a bounce -- but I posted JNPR to show the trend line -- we are in a bear market and it helps to remember the trend lines. Perhaps they will be broken, but right now there is some downside risk IMO. Good luck.