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Technology Stocks : TLAB info?

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To: Night Writer who wrote (7295)1/15/2002 8:18:32 AM
From: Elroy  Read Replies (1) of 7342
 
There goes 1/3 of TLAB's $1 billion cash reserve.......

"Tellabs paid $355 million in cash and options for privately-held Ocular Networks."

biz.yahoo.com

Buying the startup = more expenses probably since the product are early stage. So now they have an excuse to guide to EPS losses in H1:02, and hope for accretion sometime in the future. This stock is going to single digits if you ask me......

Elroy
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