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JLSegal

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JLSegal

Re: brainlessone post# 82133

Monday, 03/03/2003 11:55:23 AM

Monday, March 03, 2003 11:55:23 AM

Post# of 704019
None that I am aware of ... JNPR FY is calendar year, so 1st Q is end of this month.
JNPR gained upside momentum recently from 2 positive news releases:
the FCC ruling & the Durable Goods report (strong telecom orders) which may have caused heavy short covering. Interesting that it is able to maintain this price level, as it's '03 forward pe is 170, and '04 pe 70 (rare in this market), with an average expected growth rate of 14%. There were buy out rumors, but, not sure if that's what's still holding JNPR up .....the CEO sold 500,000 shares about 2 weeks ago on Feb 19th @ appx $9.

Little + Often = Much

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