RR has to go if Juniper has to survive
Another bad quarter , another bad year , last 3 years have been worst for juniper under his leadership
58 replies (most recent on top)
Juniper need an overhaul , for that RR had to go . MJGA
As much as I want everyone to take home a big bonus, if RR hands out a 110% bonus again, that means he cooked the books get BoD approval.
I know RR is a lousy CEO, but I doubt he is that stupid.
Next week all hands Feb 2019 will be last all hands of RR as ceo .
Just like his first all hands 4 years back when he announced a bonus % >100 despite juniper not doing well to the surprised audience of Dome , he will do the same this time as well . He likes to generate feel good factor . He did that when he entered and he will do the same as he is about to exit .
Mark this post ...!!!!!
Dated 01 Feb 2019
Another disappointing quarter , another disappointing year for RR .
Not to be a smart was, but I don't think anyone from the BoD will be on this site commenting on RR's performance.
Ok. Jokes aside, I too wonder if RR will get booted soon. Considering the lack of steady direction and poor execution by RR and team I do not believe RR deserves to lead Juniper anymore
I am not sure why BOD is quite , 4 years is good enough time to judge a ceo performance
5G, 400Gb Ethernet, Multicloud Application Management, and the latest debacle... the Contrail chickensoup, is not going to save Juniper, BK, or most importantly RR.
All this "Contrailifying" is as bad as Trump's border Wall". Relying on half baked 5G solutions, and 400G to save the day is ridiculous. RR and his team of crooks need to learn, "you can fool some people sometime, but you cannot fool all the people all the time."
Yes, it's time for a shakeup and a clean slate. Let's cut our losses and move forward.
Even if the stockprice gets jacked up to $100, for some strange fluke or rumors, RR and BK have failed us all. The highly overpaid CTO BK and CEO RR are both failing. They both need to be replaced by visionary leaders. Ones that know how to
rR never fails to disappoint anyone .
PPA disaster another feather in RR cap ( or @$$)
And it keep getting worse . 3 CEOs after Scott.
kJ was kinda okay but RR is the lowest low we can get
SKiren move from CEO -> Chairman did start the downfall in Juniper. We had 3 CEOs since then, all of them have been disappointing.
Who else think that SKiren era was the best ?
RR has been disappointing in many ways , be it hiring of execs or formulating a strategy for juniper future , an utter failure to say the least.
How long will this carry on ?
The guy called $22 before Q2 ER, then it did tank to $25/$26 from $28. So I am gonna give him that. On the other hand, according to some forum analyst, JNPR will moon to $100. Now we have a bit more, of the same...
Maybe, but Arista dude claimed that it will keep growing, and Juniper will go down to $22. Six months ago. Now we have a bit more, of the same...
At a time when economy is booming juniper failed to take advantage of that. Juniper is banking heavily on 5G and 40G in 2019 but a slow down in spending will be the last nail in juniper coffin courtesy the undertaker RR
In case you haven't figured out yet, to drop to $220 like Arista, you gotta have to first rise above $220. And where are you exactly? lol
What about Arista shareholders who invested 5 years ago? They would have more money than if they had invested in JNPR 5 years ago? Even if you consider folks who invested 6 months ago, they would be good since over the next few years ANET will easily trump JNPR in share price growth. Investing should always be about long-term potential. If you only looking at 6 months price fluctuation, you are trading not investing. If you just look at short term, I am pretty certain you can easily find lots of BS stocks which double/triple in 6-month intervals e.g. severely beaten down stocks. Let's take the example of Sears. Everyone will clearly say that this is a BS company/stock with no potential. Today you can buy Sears for 18 cents. If they succeed in their turnaround efforts, the stock can easily rise to 54 cents. Will you then say that Sears rose by 300% hence it is an excellent company, much better than Google which rose much less in the same duration.
Arista is an innovative company and is giving Cisco a run for its money in data center switching business. Juniper, on the other hand, has pretty much lost out on the data center switching market.
Tell that to Arista shareholders who would have 50% more money if they invested in Juniper instead, six months ago. But of course, HODL...
Looking at the last 6 months performance is very short-sighted. Look at last 5 years performance and the next 5 years performance. ANET trumps JNPR clearly in the last 5 years. Unless anything unforeseen happens, ANET will trump JNPR in the next 5 years also. JNPR will keep shuttling between $20 and $30 the next 5 years. You can always say JNPR was $20 on X date and $30 on Y date and claim it rose 50%. However, this would not be accurate since the rise in stock price is not sustained growth. There is nothing JNPR is doing to have a sustained rise in stock price. Stock price will break past $30 only if JNPR can grow past $5B in revenue. I do not see this happening in the foreseeable future.
How about 6 months snapshost:
Juniper +20%
Arista -20%
Maybe better to put in bitcoin then ANET, after all. HODL, HODL, HODL, LOL
And today Arista is up 7%+ based on great results: https://www.investors.com/news/technology/arista-stock-earnings-anet/
It such a shame that JNPR has been eclipsed so badly, especially considering how many of the "good guy" ex-Juniper people are over there now.....ultimately having left /or fired due to legions of do nothing "hired by buddy" bosses.
It would be a little bit convincing if the "printed" money goes to your bonus instead of stock buyback :P
Playing on a really tiny violin now, don't embarrass yourself further...
One Juniper Rocks! Printing cash money as we speak.
Anyone who's exposed to the higher levels of this company knows that this is all SUBSTANTIALLY hot air and I have to facepalm myself when an analyst gives a thumbs up to this company--they obviously know NOTHING of the internal goings-on of this clown show non-existent execution/innovation/politicized "do nothing but collect paycheck" environment.
TIME is the ultimate truth teller. I hope Juniper makes it out of the mud, but I know the Sr. people behind it and it's a non-confidence builder to say the least.
This is all wishful thinking about what might come, it is not about what is real and happening now. Just look at the words that are used. "Optimistic, potential, excited, new, expanding, will provide, on the verge, well positioned."
"The company remains optimistic about the potential of its MX5G offerings, which it plans to begin shipping early next year. Juniper is excited about new and expanding partnerships with firms like Nutanix and Ericsson as this will provide competitive edge over alternative offerings. Juniper is on the verge of introducing the industry’s first 400-gig product and is well positioned to gain incremental market share as cloud, service provider and enterprise customers look to meet surging bandwidth requirements."
Yeah, that $22 was a little pessimistic but at least the guy got the direction right. However he is about 5 times smarter than whoever said JNPR mooning to $100. Don't you think? lol
https://www.fairfieldcurrent.com/2018/10/27/juniper-networks-jnpr-upgraded-by-zacks-investment-research-to-strong-buy.html/amp
Strong buy, go figure...
Ain't it supposed to be at $22 according to forum analyst?
L
O
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What move? Do elaborate...
You gotta laugh. That move on the 2nd day made KM look quite the nitwit.
No, the takeaway is to not reason about short time stock up&down, especially for small market cap tickers like JNPR. One day fluctuation is pretty much random. Anything from buyback/bond/rates/manipulation/news etc. could be the cause. Unless you are the one makes the calls, you don't know for sure. If you want to evaluate, at the very least do it with a record set large enough to be statistically significant.
Even such basics are extremely difficult for someone here to understand. That is why we saw our dude bragged about a green day then immediately got a big slap on the face 24 hours later. I have to admit it is fun to watch. But no, it does not help my confidence in the company.
Disagree on SK. Well not liked, was better. At least he wanted and would execute for change. May not have been favorable, but he wasn’t afraid to shake it up.
@VNFc72Q-1vtz Juniper becoming in Apple? :-) :-). What are you smoking?! can I get some of the same? Juniper has big focus on quality?! Really?! After all the quality has left the company or has been fired to retain worthless layers of managerial fat and mafia culture in Europe?! Sorry, where we are in EMEA, what you say sounds like pipe-dream. Facts simply do not agree with your claims.
Yes that stock move down today as everyone else took off was a little awkward. Buyers remorse from the prior day I suppose. I was very surprised at the positive reaction we got after what I thought was a contentious earnings call.
RR is still a little better than SK, but not by much
Well, this is awkward. Tech sector had a big green day today, yet JNPR closed red. If the little Juniper up, everyone else down yesterday means market is taking notice, then today it must mean the market saw the true potential but not so impressed, right? RIGHT? lol
There is no lack of talent in the industry, the lack of talent is inside Juniper. This is because of Juniper's inability to hire top talent.
About revenue down but profit up - profits are up due to cost-cutting and lower taxes in 2018.
There's no lack of talent, kidds just keep popping out of tech universities smarter than ever, ww.
If anything, it will be hard to land a job unless being top talent. You're getting too old, world won't end with yours and/or mine generation.
@VNFc72Q-1ryz "Just needs to invest in R&D"?
If it were only that simple. Look at all the companies that Juniper has bought and have done ZERO with them. Every acquisition goes to Juniper to DIE. Plain and simple.
Internal R&D is a non-starter. Talent is leaving/has left/can't compete in future recruitment battles? Those who are talented who stay are too few to be impactful or are lost in the mire of politics from incompetent Sr. leadership henchmen who manipulate RR.....all...day...long. JD saw this and got out. Now JD is a King at Cisco and doing very well, as have others.
The culture of non-sharing/non-co-operation via fiefdoms is TOXIC. Non-accountability(!!) via RR soft hand (i.e. "hear no evil, see no evil" of the incompetence/BS he sees) just adds to the inevitable NON-EXECUTION/motivation to change....all the while the competition continues to take off leaving Juniper stuck in the mud of irrelvancy. RR has the power to change this. But won't. He doesn't want to shake the tree and basically wants to ride his gig out as far out as he can.
Name other company that has potential to be leader at routing, switching, security and sdn, in as little as 2 years? There's big focus on quality inside JNPR these days.
If any company has potential to reach Apple's level of vertical integration, it's JNPR. Everyone knows what that means. You can see early signs already - revenue is slightly down, but profits considerably up. There's big potential here, you need to be blind or full of malice not to notice.