Up, Up, and away for XYLAN!
bigcharts.com
How Do You Spell Timber? Simple! T L A B
Mergers mean cost and TLAB is pretty rich in the P/E. The chart indicates TLAB may decend to $60!
NASDAQ: (TLAB : $75 5/16) $13,667 million Market Cap at August 3, 1998 Trades at a 86% Premium PE Multiple of 40.7 X, vs. the 21.8 X average multiple at which the Communications Equipment SubIndustry is priced.
bigcharts.com
The TLAB 60s Sept. PUTs @ 7/16 look real nice! LOAD UP! If the street liked the news about the merger it would be taking off right now! Look at that short interest! This stock is sinking from that liquidity.
Man, you guys are finding some good PUT action! I may have to buy some this myself! Thanks!
Month Shares Short Avg Daily Volume Ratio* Remark 07/98 25,929,757 2,503,644 10.36 WOW! 06/98 18,363,787 2,859,313 6.42 05/98 13,080,525 1,605,583 8.15 04/98 12,745,065 2,004,115 6.36 |