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Technology Stocks : TLAB info?
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To: Karl Radke who wrote (5900)7/25/1999 9:15:00 AM
From: llwk7051@aol.com  Read Replies (1) of 7342
 
Karl Radke, the forecast per the conference call for the next quarter and rest of year was for restored growth. Part of the explanation for the current quarter was delayed orders. I worry that the purchaser maybe Ericsson and that Ericsson may be having weakness in these lines. If Ericsson cuts backs employees in the areas to which tellabs sells that might cause sales from Tlab to Ericsson to slow. Confusion and bad morale at customer is usually bad for everyone who does business with them. However, I noticed Ericsson stock jumped on conference call. Maybe they are turning their operations around.
Robert d.
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