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Technology Stocks : Tekelec

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To: stock bull who wrote (1326)2/2/2000 8:42:00 PM
From: WTSherman  Read Replies (1) of 1648
 
Bull, it really was a great earnings report and a great cc. I'm not sure what is going to happen with the price tomorrow, since they didn't blow out the earnings estimates. But, the smart money will quickly figure out the run rate that sales are going at and realize that this puppy is one of the lowest valued telecom equipment company's on the market. There's also the fact that they have got state of the art SS7 solutions for convergence and there are several big guys that don't have them. Which makes them a takeover candidate.

I think this stock will be $50 by fall...(its my second largest holding, so I hope I'm right!!)
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