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Technology Stocks : TLAB info?
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To: Beltropolis Boy who wrote (2717)7/17/1998 9:03:00 PM
From: Bill Day   of 7342
 
More on the CC:
Here are few things I haven't seen posted from the cc:
Mr. Birck said their estimates for the current year are now $1.87, .10 above the consensus. This leaves another .06 still to come above the estimates.
R & D was up by 28%, much of it on new product lines.
The Titan line accounted for 51% of either sales or net.
65% of titan sales are upgrades.
Big backlog, although if a number was given, I missed it, and accelerating demand for products.
They sold 2.1 million shares of AFCI at $35+, but still have 3 million shares plus some warrants.
My impression was that one reason to get out of the wireless end of the business was to concentrate more on true optical networking, and deploy more workers there.

Bill Day
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