A commentary on my — somewhat personal and, therefore, potentially subjective — observations on computers and computer-to-computer communications as they influence, or are influenced by, economy, management, natural languages, politics, stock market, technology, telecommunications, and Vedanta. Life is an inextricable combination of all these things and more.
Thursday, February 19, 2004
Networking Giants and the Stock Market
The sentiments of the investing public are a bit hard to fathom. Both Cisco and Juniper produced good quarterly results. But, Cisco has taken a nearly 20% beating from its high of $29.39 of Jan. 20 to today's $23.68 and Juniper has fallen to today's close of $25.95 from a high $31.25 on Jan. 20, a loss of 17%. I guess good results brings out the sellers.
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