FTD: Cisco verliert im high-end bereich marktanteile an juniper networks

wird cisco etwa so traege wie ibm seinerzeit?

ja da hab ich mir doch sicherheitshalber ein paar junipers in das depot gelegt!

der FTD artikel ist auf dem internet noch nicht zugaenglich, daher dieser link zur nasdaq mit dem aktuellen inteview:

www.nasdaq.com/asp/...news.asp?symbol=JNPR%60&selected=JNPR%60

kuerzel jnpr; wkn 923889

RESEARCH ALERT-Lehman ups Juniper price target

NEW YORK, July 14 (Reuters) - Lehman Brothers said on Friday that it raised the price target on Juniper Networks Inc. to $265 a share from $180 after the company's second-quarter results beat expectations.

Shares of Juniper Networks, which makes highspeed routers for computer networks, rose 4 points to 173-1/2 on active trading volume on the Nasdaq. The stock hit a high of 181-1/4 earlier in the session. -- On Thursday, Sunnyvale, Calif.-based Juniper reported earnings per share of $28.6 million, or $0.08 a share, excluding charges and goodwill amortization. On a net basis, the company earned $19.6 million or $0.06 a share, up from $8.1 million or $0.02 a share last year. -- "Dynamic business trends continue for Internet backbone router leader Juniper Networks which reported impressive 2Q00 (second-quarter) revenues of $113 million, far exceeding our estimate of $77 million," Lehman said in a research note. -- Gross margins improved from 60.7 percent to 63.9 percent and Juniper ended the quarter with a book-to-bill ratio above 1.0, which gives further earnings visibility. -- "We are raising our CY00 (calendar year 2000) revenue estimates from $324 million to $515 million, our CY01 revenue est increases from $489 million to $1.075 billion," Lehman said in a research note.

ABN AMRO analyst Kenneth Leon said earlier today that he had raised Juniper's price target to $230 a share from $163 a share. He also raised earnings estimates on the stock.

((New York newsroom, 212 859-1700, fax 212 859-1717, or nyc.equities.newsroom@reuters.com))

REUTERS

While the company is not cheap as it sports a p/s ratio of 218x with a market cap of $55 billion, its story is compelling. Juniper invests heavily in R&D which has produced some very innovative products. As such, Juniper derives all of its revenue from the latest generation of routers whereas Cisco Systems (CSCO 65 1/4) generates most of its revenue from data networking router technology that has been around for roughly a decade. Juniper has been able to pry away some customers from Cisco as a result. A key to the company's ability to grow revenues is its strategic partnerships. JNPR recently inked a deal with Nortel Networks (NT 76) which agreed to resell Juniper’s high-speed routers. With these agreements, Juniper is able to expand its markets significantly, especially internationally by taking advantage of Nortel’s contracts with incumbent telephone companies in Europe and Asia, where Juniper is not well known. Juniper will also be able to leverage this agreement to snag much larger telecom network contracts. Also, as a testament to the company's R&D efforts, there are rumors that Nortel may end the development of its own router and settle for Juniper's M40. An additional perk for investors is the possibility that Cisco (which seems to have a never ending appetite for acquisitions) could acquire the company. JNPR's $55 billion price target is high, but high price targets haven't scared Cisco in the past. -- Robert J. Reid, Briefing.com
www.clearstation.com

jedoch habe ich mich noch nicht durchringen können auf diesem, seit dem Fall im April doch recht hohen Kursniveau einzusteigen.

KGV 950 (2001) + Marktkap. 58 Mrd $ ist deftig!

Kleine Korrektur muß und wird kommen, evtl bis 140-160

Dann aber.....


Gruß
TGK

wannn meldet cisco Zahlen