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Technology Stocks : TLAB info?
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To: Jack Stirling who wrote (6005)9/10/1999 7:52:00 PM
From: Farfel  Read Replies (1) of 7342
 
Jack, I too would like to suggest that your broker is operating on the "Canslim" principle of O'Neill----and this is a good discipline if the "buying point" is correct. Your "buying point" perhaps was not correct. Perhaps you were not at the "pivot point".

If you are a buy and hold investor----don't worry about Tellabs---or at least give it until the earnings date in October (week of the 15th of October)----I think you will see it much higher just before October 15th than it is now----keep in mind that it has 32 straight quarters of earnings which have either met or beat analysts expectations.

Buying and holding is the best for non professionals like you and me; in fact, some professionals such as Warren Buffet haven't done so bad doing it either.

At least give Tellabs until after the October earnings and then see what you think.

Good luck,

Farf
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