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.