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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: lh56 who wrote (733)10/17/2001 11:10:45 PM
From: lh56   of 99280
 
anyone follow tlab? from briefing.com analysis 10/16:

"... Aggressive estimate cuts this late in the cycle have historically provided an opportunity for telecom equipment companies to begin delivering upside to projections. Unfortunately, the sector is also notorious for its false starts. Until we hear directly from telecom service providers of no further plans to significantly cut capital expenditures, we think that TLAB's will remain a laggard stock. From a valuation standpoint, we see downside risk in the name into the $6-$7 area, at which time we would begin accumulating TLAB as a core holding in advance of the next telecom buildout. - Damon Southward, Briefing.com"

thanks,
larry
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