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Technology Stocks : TLAB info?
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To: Dave Dickerson who wrote (2473)5/28/1998 5:34:00 PM
From: Dave Dickerson  Read Replies (1) of 7342
 
To all-this is my #3 educational post for the Tellab's educational week.
In order to better understand Tellab's growth over time, goto a 5 year chart such as charts5.bigcharts.com:80report?r=qchart&onbad=qbadsymbol&symb=TLAB&time=12&sid=4831&se
lOOK AT THIS CHART,AND FEEL MORE COMFORTABLY ABOUT DAILY STOCK PRICE UPS AND DOWNS,AND UNDERSTAND THAT TELLAB'S RATE OF GROWTH AND IT'S INCREASE OF NET INCOME PER SHARE HAS NOT SLACKED OFF. THIS GROWTH IS THE MAIN DRIVING FACTOR BEHIND THE INCREASE OF SHARE PRICE. SURE THE PE. CHANGES, BUT IF YOU TAKE A AVERAGE OF 40 PE.,AS NET EARNINGS GO UP THEN MULTIPLY BY 40 PE TO GET CURRENT PRICE.
DAVE DICKERSON
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