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Technology Stocks : TLAB info?
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To: Mama Bear who wrote (3838)9/15/1998 3:48:00 PM
From: michael r potter  Read Replies (4) of 7342
 
At $41, [17 x '99 est.] TLAB is a steal. Day trading might be fun and even profitable, but the big risk is that the last trade was a sell and the stock gets away. The real money will be made by taking advantage of the short term confusion and noise, buying, and putting it away for the long term. This management is top notch and like any adaptable and intelligent people, have undoubtedly learned a lot this past couple of months. They are likely to be even more effective in the future.
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