Tuesday, January 17, 2006

Rumor Mill Turns to Juniper

Juniper on the block?

"Among the rumors in recent circulation was talk that wireless giant Motorola (MOT:NYSE - news - research - Cramer's Take) had an interest in Juniper as a way to diversify its cell phone-centric business. The idea caught on briefly with investors Tuesday, sending the stock up more than 4% at one point. But the rally quickly faded after the rumor lost momentum."

"An estimated offer of $500 million to buy closely held Ethernet switch shop Force10 failed to bring a deal for Juniper last year, say analysts.
Still, some analysts see plenty of deals ahead. "

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