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Technology Stocks : Teltrend TLTN

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To: Crossy who wrote (151)10/5/1997 7:55:00 AM
From: Hiram Walker   of 215
 
Crossy, I just got reamed by AMTX investors for my purchasing HLIT at 19 and 13,now it is 12 5/8. Well I just cam across this post,and thought it quite amusing. TLTN seems to be in the same boat at HLIT,they earn money,and have good management,a negative for high tech telecom companies. Well TLTN look lik a helluva deal,and I just noticed in insider trader the director purchased twice at an average of 17,not many shares though. I am looking at buying TLTN,maybe you should look at HLIT also. All the donwgrades are in,they have new products coming out,and acquired a great little company in wireless and LMDS for 19 million,called New Media. They sell to CVUS,and Thyssen in Germany,and a Belgium firm,and Helicon Cable here in the states. Sales for New Media went from $400,000 last year to $6 million this year,at that rate HLIT will get their money back in a year.
Time to free up some capital for TLTN.
Hiram
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