For Juniper, Single-Mindedness Wins the Race

By focusing relentlessly on its core market, the speedy-router maker keeps gaining share from more diversified Cisco

Amidst the carnage in networking companies, Juniper Networks (JNPR ) has stood out as a beacon of growth. On Jan. 16, the company roundly beat analysts' expectations when it announced net earnings of $60.3 million, or 17 cents per share, during the fourth quarter of 2000. Last year, Juniper's revenues grew 600%, to $673 million, vs. 1999's revenues, and it logged profits of $147.9 million, up from a $9 million loss in 1999.

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