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Technology Stocks : TLAB info?

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To: DMaA who wrote (5940)8/26/1999 11:34:00 AM
From: Clay Takaya  Read Replies (3) of 7342
 
Dudes,

I got this tidbit from the Cisco board:

Bloomberg is reporting that Cisco also considered buying Tellabs but got Cerant at half the price for the same technology. Says market has figured that out as Cisco is up and Tellabs is off.

Reports analysts are saying Cisco got a good price considering the technology and recent market action.


I wonder if this puts Tlab on the takeover radar for someone else. I just bought some shares for this and also as bottom-fishing.

Clay
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