Success Calls, But The Price Is Steep

摘要

Given the stock-price increases of companies such as Juniper Networks, Lucent Technologies, and Nortel Networks, you might think that phone companies are buying equipment left and right. Cisco Systems has been the laggard in this market because its stock has appreciated 43% year to date through June 18. Lucent and Nortel are up 69.1% and 92.6%, respectively, for the same period. The big winner has been Juniper Networks, up 104.4%.