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Technology Stocks : TLAB info?
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To: Bob Monard who wrote ()1/25/2000 4:26:00 PM
From: Baldwin  Read Replies (2) of 7342
 
"Guglielmi said a tax rate of 33.5 percent, up from 31.5 percent in 1999, will cut potential earnings by 4 cents a share."

"With the new products, sales growth for the year will exceed 30 percent. Still, earnings will be reduced by the increased spending and higher taxes,Guglielmi said. That makes the First Call estimate of $1.69 a share for the full year ``challenging but achievable,' he said."

FOCUS ON "ACHIEVABLE" (remember 2B by 2K done deal, 6B by 2003)

"Chief Financial Officer Peter Guglielmi said first-quarter earnings per share will be 30 cents, less than the 33 cents analysts expected, because Tellabs is spending more to roll out new products."

FOCUS ON "NEW PRODUCTS."

by the way......when would TLAB be required to warn about 1st quarter.....now? or much later in the present quarter?
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