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

To: MMW who wrote (13)	6/3/1999 2:16:00 PM
From: Techwatch	Respond to of 3350

Juniper Loses Key Technologist By Joe McGarvey June 3, 1999 8:27 AM ET On the eve of its initial public offering, Juniper Networks, a maker of high-speed routers for the Internet and the major challenger to Cisco Systems, acknowledged this week the departure of the architect of its flagship product and one of the most respected routing software engineers in the industry. Juniper officials said that Tony Li, who joined the start-up three years ago and made major contributions to the company's highly acclaimed M40 Internet router, has left the company to pursue other interests. Although his resignation is not effective until June 14, according to the Juniper spokesman, Li's e-mail address at Juniper is no longer active. Reached at an alternative address, Li declined to discuss the reasons surrounding his departure or his future plans. Li is known in technical circles as Mr. BGP, in reference to his role in developing the Border Gateway Protocol that has emerged as the standard technology for router-to-router communications on the Internet. He is considered to be one of a handful of programming geniuses by both admirers and detractors in the Internet community. "He's probably the best known and respected routing protocol coder in the industry," said a source in the Internet technical community familiar with Li's work. In addition to his work at Juniper, Li is also active in the Multiprotocol Label Switching working group of the Internet Engineering Task Force. MPLS is a widely adopted technology designed to make the Internet a more reliable and predictable environment for delivering information. Li is expected to represent Juniper in the IETF through the summer, according to a company spokesman. According to David Abramson, director of corporate communications at Juniper, Li, who was the fifth person hired by the start-up but not part of the executive management staff, left the company on good terms. Speculation among some of Li's colleagues, however, is that Li jumped ship after losing a battle to play a larger role in determining the direction of the company. Before joining Juniper, Li left Cisco Systems, where he was instrumental in establishing Cisco's dominance in Internet routing technology, after a fallout with management. According to sources, Li left Cisco in dramatic fashion after airing his complaints on a public message board. Regardless of the circumstances surrounding his departure, the loss of one of the best and brightest in the industry comes at an awkward time for Juniper. On a bit of a roll of late, having scored major deployment wins with several of the biggest service providers in the world, including Frontier Communications and UUnet Technologies, Juniper is planning a much-anticipated initial public offering for later this summer. "I think it's a major blow for them," said one network architect who asked not to be identified. "At Juniper, he was the technical guy behind all the software." Although Abramson said Li's talents will be missed, Juniper's engineering team is deep enough to absorb the loss. "We are deeper than any one person," he said. "We still have our dream team." Although Li would not comment on future plans, sources suspect he will front a start-up that eventually will compete with Juniper and Cisco. "Tony won't have any problem raising millions," a source said.

To: MMW who wrote (13)	6/4/1999 2:35:00 AM
From: Bull4Now	Read Replies (2) \| Respond to of 3350

Hey, Mike; Tony's gone ! uh-oh. : ((( It's okay, he's got three year's worth of his ISOs Everyone else, IPO is planned to go the week of June 21st. Underwriters are: Goldman, Sachs & Co.; Credit Suisse; First Boston; BancBoston Robertson Stephens; Dain Rauscher Wessels For those of us who don't have any ISOs, Mike ! =====> I say jump in on the IPO day. Wake up early and wait for JNPR to hit the wire... don't place a market order, but watch when it goes on and buy near that price... ride it up 20-60 points and jump off before the close. Make a few thousand dollars, IMO. ; )