JNPR- CFO Resignation Points to NSCN Accounting Irregularity
On CC; Scott Kreins did his usual pump but failed to address the new CSCO router offerings or the patent infringement lawsuit pending. The CFO said little except that the $55m charge for "integrating" a security company across the street from JNPR HQ was prudent. Then the company announced its $100m buyback as if the stock is cheap !! LOL, the buyback is DILUTIVE - JNPR will revisit $12 by early next year IMTO