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


To: KM who wrote (2243)2/28/2001 2:06:52 AM
From: Rob S.  Respond to of 3350
 
Maybe Bush's speech to Congress will perk up the market tomorrow. Heck, the government can buy Juniper gear and use it to fill potholes.

I think the fiber netwreckers have been fat pigs but that they are to the extreme oversold level that they are likely to rebound despite the deteriorating market outlook. Don't blame the economy or the stock "market" for the decline of Juniper, Cisco, PMCS and other fat stocks. If anything, the hyper inflation of the Internuts and to a significant but somewhat lesser extent the other darling tech sectors has caused the problems in the broader market. There is no recession except for what the collapse of excess has caused. The S & P small cap index and some other broad indexes are up for the year. Thank goodness the "market" has come to it's senses and the flying fat pigs have been brought back down closer to ground level.

I think JNPR and some other piggies are trading buys. But that likely will change back to sell after they rally a few days.