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Technology Stocks : TLAB info?

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To: Sharise Brown who wrote (3837)9/15/1998 2:18:00 PM
From: Mama Bear  Read Replies (2) of 7342
 
All: JJ Cramer is buying TLAB, FWIW:

"Random musings: Could this Tellabs(TLAB:Nasdaq)/Ciena (CIEN:Nasdaq) deal have been more poorly handled?

If you had to set out to sabotage Ciena, I don't think you could have done a better job of it than Tellabs did. It reminds me of that aborted Dun & Bradstreet IRIC deal earlier in the decade, the one IRIC took years to recover from. That one was stopped by antitrust, this one by failed business deals. Nevertheless, the effect was equally devastating. The miss at Tellabs had every communications company scrambling, but it had me buying, as I don't think Tellabs' problems
portend a slowdown in this industry...
"

Excerpt from: thestreet.com
(subscription required, free trial available)

Barb
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