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Technology Stocks : TLAB info?

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To: JM who wrote (2675)7/10/1998 8:52:00 AM
From: Paul Shread   of 7342
 
JM,

ERICY/TLAB makes sense, but it's probably too big a company for ERICY to swallow -- they said a few weeks back that they're only looking at smaller companies. Too bad, as I'm long ERICY. As far as selling laggards to make room for TLAB, my only laggard at the moment is CELL -- think it's worth trading a company with a PE of 17 for one with a PE of 40, when growth rates are comparable? That's why TLAB scares me. I guess we'll see more on the 16th, when their earnings come out.

Paul
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