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


To: Peach who wrote (10277)5/8/2001 2:44:38 PM
From: John Pitera  Read Replies (1) | Respond to of 15481
 
Hi Norma, JNPR would probably go up as well if CSCO moves ahead..... it sounds like there is a lot of
debate on whether JNPR is still taking market share and if so how much:

14:01 ET Juniper Networks (JNPR) 57.32 +0.24: -- Update -- Stock has been a battleground today; opened higher along with the rest of the telecom equipment sector but was hit by Morgan Stanley comment that it had lost business to Cisco at Global Crossing. Heard talk from sell-side in both directions after that: JNPR was still gaining market share vs CSCO or that CSCO was battling back; now seeing a solid recovery in Juniper's stock which is being driven by the large short position in the stock.