TLAB info? Message Board

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Technology Stocks : TLAB info?

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To: D.E. Lee who wrote (3785)	9/14/1998 8:16:00 PM
From: BRANDYBGOOD	Read Replies (1) of 7342

I listened to the call and think this down slide is due to small investor panic and confusion. CIEN announced today also about earnings. That they expect only .02 per share down from last years .35 per share. People were confusing CIEN and TLAB. They way overreacted associating the 2 companies. TLAB is fundamentally sound and is on target with earnings. They do have room for growth and expansion and a merger with FORE or a CIEN type company would eventually be accretive, and definitely would not hurt them. I don't blame them for not doing this merger at this time under these circumstances. Shareholders wouldn't go for it and managemant is smart not to do it right now. But right now, trading at only 20 times earnings, this stock is a bargain. It closed at $2.00 below it's 52 week low of 39.75. It's annual high is $93 1/8. I bought 1k shares today and I feel like I stole them. Brandy

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