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Technology Stocks : TLAB info?
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To: Curbstone who wrote (3498)9/2/1998 3:46:00 PM
From: The ChrisMeister  Read Replies (1) of 7342
 
"The pessimism on this thread is vomitous."

Thank you for sharing. Kinda like the optimism on the CIEN thread, n'est pas? Over there I hear dreamers talking about $40 and $45 valuations for CIEN. No way. You've got about $1/sh earnings and meager growth. Hardly more than a market P/E seems warranted. CIEN is worth $25 (+/-5), IMO. If TLAB was still up at $70, even a 0.5 deal would look kind of expensive. By the time this thing gets ironed out and digested the market for DWDM will be much different than it was back in Feb (or even now). That's what the recent sucking sounds coming out of CIEN say.

ChrisMeister
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