TLAB info? Message Board

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Technology Stocks : TLAB info?

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To: John Messbauer who wrote (1)	4/7/1996 4:07:00 PM
From: Ramsey Su	of 7342

Per Zacks, TLAB is expected to earn $1.59 this FY ending December and $1.97 FY 1997. Growth rate per Zacks is 27 and 33 per Value Line. It seems like all good news have been factored in its current price already. Besides, TLAB closed at $49 last Thursday. How did you come up with $20 above your target price of $56-59, assume you probably meant %. TLAB has pushed $50 a few times and cannot break through. I think it may go back down before it tests the 50s again. DSC announced major disappointment last week. Is TLAB so different and so much better that they will surpass estimates? I am thinking about dumping TLAB and ANDW next week because I smell correction coming. Will buy them back later when the true effects of the telecom bill/more orders finally materialize. Your thoughts? Ramsey

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