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Juniper Networks soars 12% today, doubling year ago stock price

Submitted by Brad Reese on Thu, 07/19/07 - 8:04pm.

The stock price of Juniper Networks continues to defy gravity, soaring 12% today, more than doubling the price a year ago.

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Network World - Enterprise business improves in Juniper's Q2

"We are pleased with our progress in the second quarter and first half of 2007, and we also remain fully aware of the ongoing work that lies ahead," said Scott Kriens - Juniper Networks Chairman and CEO.

"As we continue to focus intently on execution across the company, we're optimistic about the feedback we're receiving from customers and the opportunities we see in the marketplace for high-performance networking."

Wall Street analysts believe Juniper can win back market share in the core and edge routing segments.

Related story:

Network World - Core router battles: Cisco vs. Juniper

Cisco is expected to release in upcoming months an update to its Cisco CRS-1 core router to match Juniper's 100Gbps port speed of its equivalent router, according to Lehman Brothers analyst Inder Singh, as reported by Light Reading.

In June, Juniper launched its 16-slot T1600 core router, which the company claims offers 2.5 times the capacity of CRS-1 with 30% less power and cooling requirements.

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Network World - Juniper unveils giant router

The above diagram illustrates how NGN core services can be dynamically established and/or changed based on service layer requirements. For example, video service demands can change bandwidth with "Liquid LSPs."

Juniper also announced the newest member of the market-leading E-series family, the Juniper E120 Broadband Services Router.

In the above diagram, the Juniper E120 mirrors the advanced feature set, high-performance and reliability of the E320 in a smaller, highly efficient form factor, enabling service providers to quickly and cost-effectively extend multiplay services to untapped markets served by smaller points of presence.

Juniper also announced two new J-series routers, the Juniper J2320 and J2350.

Why do you think Juniper's stock price is soaring?


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