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

To: Bruce Brown who wrote (2829)	11/12/2001 11:09:02 PM
From: chojiro	Read Replies (1) \| Respond to of 3350

how is that you were able to allow it to drop from $26 to $19 and not get kicked out? Where did you set your stop? My stop on 11/2 was 19 even. It never triggered so I kept the position #reply-16607377. Than I upped it(#reply-16613515) and that too was spared. So I sit here with half the position. <<OT>> Most of my post was a bit on they cynical side and didn't expect such a forthright response. Actually, I had an indoor tennis match scheduled for 8am this morning PST which got canceled and I ended up watching the market. Big mistake(g). What irks me is I got stopped out of my RFMD position this afternoon for a .45 cent loss. I have to admit, it had been moving strong, and previously took me out of my position for about $1.10 loss last week also. As much as I hate to admit it, it sure looks like something is up with that stock. I'll watch to see how it handles the $28 level. Of the other two positions, CIEN I've had for a few weeks now. After covering in the $12 range(and you know I've been beating up on it back and forth since spring), this is just a small position and I will try to cap it off again if it reaches 23-24. If that proves too strong for me, I'll step aside. You could have taken a profit in pre-market hours awaiting the CC. To add to the above note. I truthfully wasn't that impressed with the CC. Or rather the PR I read(not having listening to the call). All they did was reconfirm this Qs earnings but gave no guidance going further. I mentioned in a PM to someone this morning I believe they will have to guide lower for the upcoming quarter or the next quarter as the 10% reduction is staff in conjunction with the Qwest announcement last week or so(I also see someone posted that Lehman is expecting them to guide lower for '02 though I haven't gotten that far yet tonight). I suppose if they would have addressed the Q announcement I might have had second thoughts on keeping the position. But than that's what makes stocks go up and down(g) the uncertainty! surely I am of a minority camp with 54MM on the volume and up almost 10%, someone liked what they heard. NVDA, it too is a relatively small position and is a result of boredom this afternoon and I'm actually up on that trade(at least as of the close today). I don't know where that one will lead me. might get out of the way, might try to stand my ground.

To: Bruce Brown who wrote (2829)	11/13/2001 12:17:04 PM
From: Sully-	Respond to of 3350

From Briefing.com............. Juniper Networks (JNPR): 24.55 +0.56: It isn't often that an acquisition announcement drives a stock higher. Yet when the acquisition carries the potential to open material new markets, investors tend to respond favorably. Last night, Juniper Networks announced it would acquire privately held Pacific Broadband Communications for approximately $200 million in stock. Assuming the acquisition goes through, it will broaden Juniper's end market (not necessarily its direct customers) to include cable television subscribers -- the strategy being that Juniper can provide equipment for Internet-based services such as high-speed access and video on demand. Pacific Broadband is currently in the process of testing a system that delivers such services over existing copper lines. According to Juniper, the market for such products is expected to grow from $500 million this year to $1.3 billion by 2005. Looking at the acquisition another way, it enables Juniper to operate away from the long-haul, carrier-based portion of the network where Cisco Systems (CSCO) is the top player. From a technical perspective, things are shaping up relatively well for JNPR. Though the shares are somewhat extended on a near-term basis, a look at the six-month chart suggests it has room to move over the intermediate term. To the upside, look for initial resistance at 27.00 which marked the top of its October buy wave. On a break higher, the intermediate-term swing target is in the area of 34.50. To the downside, JNPR should have support in the area of 21.90-22.20 which marks an area of prior congestion and also brackets its 20-day exponential moving average. -- Mike Ashbaugh, Briefing.com