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


To: Kayaker who wrote (2373)4/13/2001 4:27:55 PM
From: Kayaker  Read Replies (1) | Respond to of 3350
 
Juniper's Profit Rises, but It Warns on Revenue
By CHRIS GAITHER, New York Times.

SAN FRANCISCO, April 12 — Juniper Networks, a rapidly growing maker of Internet communications equipment, reported first-quarter earnings today that matched Wall Street expectations, despite reduced spending by its largest customers.

Juniper said it managed to avoid the sharp sales declines of many competitors, include Cisco Systems, by gaining new customers....

"With the products Juniper makes," he said, "there's only so long the carriers can hold their breath. Then they're going to have to go back to Juniper."....

nytimes.com