TLAB info? Message Board

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Technology Stocks : TLAB info?

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To: Trey Yon who wrote (1264)	10/2/1997 11:59:00 PM
From: Ron Kline	of 7342

Trey, I don't think you can compare ASND with ATML. I saw ASND go down but I didn't pick up shares. I knew they were having problems and even CSCO said it months before. The handwriting was on the wall. Then they came out with a statement they were not going to meet expectations (below analyst expectations). TLAB on the other hand is not in that situation. They were wise to come out and tell people not to expect the earnings to be above the consensus but that they would not be below. Well everyone overreacted to the news and oversold it. That's why I picked up shares at 47 3/4. I never even touched ASND because I knew they did have problems. People were thrilled as you say because they knew it was overdone and are glad it's now back to a realistic valuation for the news they reported. Ron

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