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Technology Stocks : TLAB info?
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To: John Carragher who wrote (2977)8/14/1998 3:18:00 PM
From: Will Hou  Read Replies (1) of 7342
 
Thanks for the info. After listening thru the whole call (40min?), I bought some CIEN @53 and short Aug60 @1.25 (so best case, I'll get 8.25 profit for 51.75 spent in a week). From what I heard, it's a done deal because on technical merits. They clearly and repeatedly indicate long term views and product mix, also citing 52 to 55% profit margin model intact. Did a brief checkup on both companies, 30%+ forward LT growth rate sounds good to me.

But of course, Clinton can always do something (or say something) stupid. You never know.
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