Elliott has $900 million tied up in this dog at a higher PPS. The performance has been pathetic. They will not sit back without a significant return. They just successfully forced a sell at RVBD and will have another $300 million to invest. High probability they do the same to JNPR and soon. This company and management has been very poor for years.
NASDAQ hits 5000, 15 year high and JNPR performance continues to be pathetic. Elliott should be finishing their activist role with the sell of RVBD this month and need to put JNPR in the cross hairs. Two new BOD members should help. Sell to the highest bidder.