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Technology Stocks : TLAB info?

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To: JM who wrote (1859)1/15/1998 3:10:00 PM
From: Trey Yon  Read Replies (2) of 7342
 
CNBC said the downgrade/removal was based on ONLY January orders;
yes, it could just be a monthly blip. But, given the overall picture IMHO it's just another nail. I would be inclined to shoot first & take a body count later.

RESEARCH ALERT - ADC Telecom(ADCT.O) cut =3

-- SoundView strategist also removed shares of Tellabs Inc (TLAB.O) and Lucent Technologies Inc (LU.N) from his large-cap focus list, citing signs of slower spending by regional bell operating companies (RBOCs).

-- ADC tumbled 7-7/16 to 28-9/16, topping Nasdaq's list of most active stocks.

-- Tellabs fell 2-3/8 to 48-7/8 and Lucent slipped 2-5/16 to 76-1/16.
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