Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: GREENLAW4-7 who wrote (33816)	8/31/2001 9:21:28 AM
From: Wes Stevens	Read Replies (1) \| Respond to of 37746

jnpr two downgrades this morning: Juniper Networks (JNPR) 14.43: Friedman Billings initiates coverage with a MARKET UNDERPERFORM and a target price of $10; believes Juniper's largest customers, WorldCom, Metropolitan Fiber Networks, Genuity and Qwest, are cancelling contracts for IP routers due to concerns about cash conservation and low network utilization rates; these customers may have accounted for 40% of Juniper's revenues in 1H01; says router prices could fall more than the 25% firm had factored in for 2002, depressing gross margins more than anticipated. 08:58 ET Juniper Networks (JNPR) 14.43: USB Piper Jaffray downgrading to NEUTRAL from Buy; cites further declines in capex spending, softer international sales, and increasing competitive pressures.