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Technology Stocks : TLAB info?
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To: John Carragher who wrote (1650)11/13/1997 2:34:00 PM
From: Dave Dickerson  Read Replies (3) of 7342
 
John-good for you. Looking at recent $100 million cable contract, by my calculations that should add $.05/share net profit or 4% to Tellab's net income/share and the, new to Tellab's cable business, is just starting to grow. What these ,lack of in-depth information guys that don't want to pay up on their bets, short-term bears don't remember is that Tellabs was up 200% in 1993,116% in 1994, 46% in 1995,126% in 1996 and 35% ytd in 1997. It's growth rate of net income per share is around 60% per year and shows no signs of slowing down and long term investors (with a outlook of 2-5 years) will be amply rewarded.
DAVE DICKERSON
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