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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Paul M. who wrote (38804)3/7/2002 7:47:22 PM
From: Paul A  Respond to of 99280
 
Paul, another interesting (bullish) thought on JNPR would be all the downgrades it received this week.. In fact, I think it closed positive each day an additional downgrade was added..

IM hoping we get a nasdaq pullback so I can start a position in JNPR again.. bought some at 9.75 the other day but it gave me 2 points over night so I decided to regroup : )

Typically when you see nothing but negative press its a good sign for bulls!



To: Paul M. who wrote (38804)3/7/2002 7:51:06 PM
From: t2  Respond to of 99280
 
Downgrade today and it still went up. (JNPR)
That is a sign to me that investors are accumulating this stock for the eventual recovery (as they see it).

I think the SUNW mid quarter update may help a little.

That was a great story you posted:
Like the beginning:

A new buzzword has been added to the networking industry, one with a meaning far less technical than most: "CFN," an abbreviation for "Cisco-Free Network."

Used jokingly or not, the term is a metaphor for the daunting challenges facing Cisco Systems as it tries to resurrect its fortunes while avoiding the kind of backlash that typically befalls industry leaders.


It probably happens more in Europe and Asia. Avoiding Cisco, Microsoft, if there is some way around it. Easier to find alternative to Cisco than Microsoft...and of course that means Microsoft is hated more.

jmho