Teltrend TLTN Message Board

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Technology Stocks : Teltrend TLTN

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To: Tony Harper who wrote (170)	10/8/1997 1:07:00 PM
From: Dennis G.	of 215

Read Peter's comments. Excellent Advice. As far as fair value goes, I really don't know how to arrive at that on any stock. Book value for TLTN is almost 8 with almost 5 in cash and sales per share is over 12. So I think the downside is pretty limited. There's always a chance for a downdraft but if there is it will only be a buying opportunity and not last long. Why don't you do what I did and only buy half a position. If there is a drop below 20, you can add. I know I will. If it runs to 23, might be some resistance there and you can sell your half position and rebuy a little lower. Or you can just hang on for the ride to 28+. Dennis

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