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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| "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.
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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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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?