https://seekingalpha.com/article/4707051-juniper-networks-earnings-better-to-just-cash-in-now?mailingid=36193868&messageid=2800&serial=36193868.4021&source=email_2800&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=36193868.4021
6 replies (most recent on top)
The deal could actually go thorough with possible EU approval:
https://www.reuters.com/markets/deals/hewlett-packard-set-unconditional-eu-nod-14-bln-juniper-deal-sources-say-2024-07-29/
Rami might be a mediocre CEO, but he & the leadership team are great con artists. Antonio Neri is their latest victim. Thanks to their monumental efforts, Juniper shareholders can cash out at $40 vs being stagnated in the $20s.
One of the smartest things that the Juniper board did was to agree to sell Juniper and start the conversations mid last year when the quarterly revenues were $1.4 billion. Neri was shown a mirage of an upside and eventually got su-kered into paying $40/share. With the current decling revenues, Juniper would have been languishing in $15-20, if the acquisition wasn't on. Doesn't take away the fact that Rami is a very mediocre leader.
Not surprisingly, this is even being discussed on the HPE layoff forum.
https://www.thelayoff.com/post/@OP+1tGwSkpm
I mean probably. The article's point was it's not worth holding on for what will probably be the rest of the year. It's just someone's opinion. The deal could always fail to close for any reason although that seems unlikely. They're purchasing Juniper to round out the portfolio and expand their AI story.
If HPE pulls out they owe Juniper a chunk of change which will most likely be paid out as dividend eventually. So really up to you whether it's worth it to you to hold the stock or not and accept the risk.
Yes