Juniper, Cisco Clear Frontrunners (at Minyanville.com)

As leveraged assets go down in value, the leverage multiples go up. Adding to that multiple is the falling dollar and the fact that these assets are in reality debt deposits, not cash deposits, that were passed on in different forms to be leveraged over and over. Juniper, Cisco Clear Frontrunners Juniper Networks crushed its current quarter, while also bumping guidance. Juniper said it expects third-quarter earnings between $0.29 and $0.30 per share on revenue of $925 to $935 million; consensus estimates put earnings at $0.29 and $889.5 million for the upcoming quarter. Juniper also said it expects 2008 to come in at $1.14 to $1.17 per share and revenues between $3.59 and $3.62 billion. The company previously guided for EPS at $1.10 to $1.13 per share and for revenue at $3.40 billion to $3.55 billion for the year ending... [read full story]