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gocanucks

07/16/04 11:06 AM

#270463 RE: Zeev Hed #270452

why is sndk so weak? you said that it is quite likely that it will retrace to 20. Is that purely on TA? The fundamentals are great and valuation quite reasonable. I just don't understand why the market always bundles SNDK and LEXR.
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marketmaven

07/16/04 11:07 AM

#270464 RE: Zeev Hed #270452

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