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  "documentTitle": "Juniper Networks (JNPR)",
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  "notes": "Uses a combination of historical narrative, executive quotes, and performance data to build a case for strategic change.",
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      "text": "A strategic review of the Security business and an evaluation of the spend and strategy around the Switching business are both appropriate and timely given the failures in these two areas",
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      "text": "A strategic review of the Security business and an evaluation of the spend and strategy around the Switching business are both appropriate and timely given the failures in these two areas",
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      "text": "Juniper Security YoY Revenue Growth (%)",
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      "text": "Juniper overpromised and underdelivered on the development and sales of its data center fabric QFabric... Juniper's overall switching share remains very low",
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      "text": "Juniper spent a significant ~$4 billion to acquire NetScreen in 2004... Juniper's board should undertake a strategic review of the security business",
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      "text": "Source: Company filings, Wall Street research.",
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      "text": "In the security business, we've been in a rough period for some time... it was a strategic error.",
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      "text": "\"In the security business, we've been in a rough period for some time. And a large part of my time goes into helping to turn this business around. We - to be pretty simple, we did not affect a product transition as well as we could have. ... it was a strategic error.\" — Bob Muglia, ex-SSD EVP, 8/13/13",
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      "text": "Value Creation Initiative #3: Optimize Product Portfolio and Strategy",
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