TLAB info? Message Board

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Technology Stocks : TLAB info?

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To: Baldwin who wrote (6046)	9/18/1999 10:50:00 AM
From: Tony Wang	Read Replies (1) of 7342

tlab made a new recent low at $54 5/8. That should be it for this consolidation. If you look at CSCO which is making new highs, the secondary companies like TLAB should be catching up with a vengeance. Take a look at the AMAT chart vs. the NVLS chart. AMAT made new highs and hung around the top of the trading range, whereas NVLS like TLAB went down much lower in the consolidation. NOW AMAT is at new highs, NVLS isn't but is $15 off its recent low. I expect the same for TLAB. It should get to at least 68. I think it is time to buy or add to TLAB on dips in the 56-58 range.

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