Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of network gear specialist Juniper Networks
So what: CEO Kevin Johnson gave a presentation at the Merrill Lynch Technology Conference today, which sparked the torrential sell-off in Juniper shares. Damaging nuggets include an admission of continued order weakness caused by the disasters in Japan as well as a "back-loaded" order profile caused by slow government spending.
Now what: Juniper is supposed to thrive when archrival Cisco Systems
- Add Juniper Networks to My Watchlist.
- Add Cisco Systems to My Watchlist.
- Add HP to My Watchlist.
- Add Alcatel-Lucent to My Watchlist.
- Add Extreme Networks to My Watchlist.