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

To: Red Dragon who wrote (2592)	6/9/2001 8:13:54 PM
From: Ibexx	Respond to of 3350

Short term, I am market neutral with respect to CIEN even though I hold a long position. Wrote cover calls on Thursday shortly before market close. We shall see what transpires the next few weeks. Ibexx

To: Red Dragon who wrote (2592)	6/9/2001 8:15:52 PM
From: Stephen M. DeMoss	Respond to of 3350

When many begin predicting Jnpr and others are soon to hit much lower numbers, I presume we are getting close to the bottom in such stocks. My bet would be that we are going to bounce around between 35-40 leading to expiration. No real declines and no near term advances. The news this week is no grand revelation. We knew earnings dissapointments for this quarter would be coming. I'm buying in here for a hold of about a year. Am also selling calls on all positions. Good luck! Steve D.