How do you know ?
Anyway, to pay a dime/q for the 500mill. shares is another HUGE MISTAKE.
The company simply can't keep up with cisco and the asian companies.
JNPR has a P/E of 25; cisco has 17 and is the leader by far.
It's going to drop in the low 10s and be bought on a fire sale for the patents.
The future is in s/w ( including social media ). H/w is history....
Your numbers are way off. Cisco, not growing, sells 13 times this year and 12X next. JNPR sells 15X this year and 12X next, with obvious growth, a much lower multiple on revenues, has $2.6 Billion in cash, and is in the sites of activist hedge funds. The new CEO is top notch. And now a little dividend kicker. Yesterday's trading action was a classic manipulation so some big boys could buy a bunch of stock at bargain prices. I really don't think this will be indapendant too much longer, and a price over $30 will be a reality by year end. Keep an eye out for new SEC ownership filings and increased positions by some savvy hedge funds.