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Technology Stocks : Tekelec
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To: Thai Chung who wrote (1576)1/30/2001 9:23:33 PM
From: WTSherman  Read Replies (1) of 1648
 
Very confident cc, I came away convinced that management was lowering expectations just because they saw an opening to do so. Not because they really have any doubt about the sweet spot they are in.

While spending on expansion of capacity may be slowing dramatically, I don't see any sign or any logic to slowing down expenditures on expanded functionality and integration(they have to do it sooner or later) which is why this company will stay in a very strong position. Today's $25 price may be the lowest we see it for a very long while. At least I hope so...
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