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Technology Stocks : TLAB info?

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To: Baldwin who wrote (5952)8/26/1999 12:55:00 PM
From: DMaA  Read Replies (1) of 7342
 
BREIFING: Tellabs (TLAB) 63 5/16 -4 7/16: S.G. Cowen maintains their "strong buy" rating on voice, data and video transport and network access systems; yesterday the issue was up 5.5% on talks of an impending contract with AT&T (T 50 +3/4) for cable-telephony; today the issue is down on threats created by the Cerent acquisition by Cisco (CSCO 69 5/8 +1); S.G.

Cowen says, TLAB remains favorite core holding and would be buyers on the dip.....
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