I listened again to the CC ... it is all amounts to one big disgruntled investor (fund) who was very disappointed the co. did not agree to same type of IP sharing with JNPR .. hence this investor who hoped they be bought soon by JNPR quit last 2 days. I am a buyer here ... agree with management view and steady growth potential....
No that was the Oppenheimer analysis that went public with the deal claiming it would be for Radware. He had the value of the deal and terms down to the tee, but he got the wrong company as they choose Riverbed. He was upset and could not understand how Roy and Radware would walk away from this business. It is odd, but maybe they are working with other companies such as IBM and see this as a bigger opportunity.
It is shocking to me that this has fallen 10 points in a few days with a quarter and forecast that is solid. Other tech companies have done the same and gained 10 to 20%, but this drops like a rock.
I would think they would buy back shares at this price as well and I hope there are some suitors.