James and thread, I suggest TLAB is now a value stock. It is down to 52 from 77 and will still grow 25-30%. Chuzzlewit is recommending this one now, too as both a growth stock and a value stock. THis one meets Buffett standards, IMO.
FYI
<<TLAB
They have dominant position in digital cross connect systems (key competitor here is Alcatel in France). Digital cross connects (DCS) are used by
telecom service providers to enable any circuit that interfaces with it to be electrically (not optically) cross connected from one path to another. Thus, if a high speed line is coming in from one place (i.e., T3 line or
OC-1), it can be connected to a DS3 (lower bandwidth voice line) line that connects to the central office maybe. Thus, these are "old world" systems, but still very important part of telecom infrastructure buildout. TLABs
also makes equipment for cable telephony, which will become more pervasive once ATT and others roll out this service.
TLAB also recently acquired SALIX, which makes switching solutions for class 4 and class 5 applications (these switches can integrate circuit and packet-based switching to support all calling-control protocols (i.e., enables voice-over-IP, voice-over-ATM, and Internet services over any network infrastructure). Other TLAB products include gigabit/switch router and long-haul DWDM, but I'm not sure what % of revenues these are today. The DCS products are projected to continue to grow in the 25-30% and the newer products mentioned should grow faster. Competitors in the newer world products include CSCO, LU, NT, CIEN.
Also, very good management ...>>
I bot some this AM
jhg |
