Wednesday, April 21, 2010

Not-Jumping Juniper (JNPR)

Stock Assault 2.0 - Artificial Intelligence Stock Market Software

Juniper Networks, Inc. (NASDAQ: JNPR) is down despite the notion that it beat earnings at $0.27 EPS vs. $0.26 estimates but its outlook for the current quarter is only in-line with estimates. Revenue was put at $950 million, plus or minus $20 million, versus expectations of $945 million and earnings were only guided in-line.  So much for that catching up to Cisco…. Shares were down as much as 7% after the news after closing at $31.56 yesterday.  Shares are down 6.55% at $29.49 on almost 200,000 shares as of 8:58 AM EST.  This 52-week range is $17.59 to $32.16 and average volume is 6.5 million shares.

JON OGG Sent to the Showers (VITC)

Stock Assault 2.0 - Artificial Intelligence Stock Market Software, Inc. (NASDAQ: VITC) is getting hammered and may be the worst performer out there today after it lowered guidance.  The stock has been downgraded everywhere: Jefferies, Benchmark, Needham, and at Roth.  This one has been public for less than a year, so as they tell a rookie pitcher after he gets drummed in his first game as they send him to the showers, “Welcome to the majors kid!”…. At 8:52 AM EST the stock is down 31% at $8.68 on 207,000 shares.  That has already passed its average daily volume with more than 30 minutes to open.