Trey- you shy bear you.
Here is an interesting post from Yahoo string.
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Digital cross-connect,
optical networking,
earnings, etc.
baileyg97
Oct 7 1998
10:48AM EDT
I've contacted some people that are very familiar with what is CURRENTLY going
on at TLAB, and everything is on track for a strong 4th quarter. As far as Q3 goes,
that was addressed in September during a conference call. Don't expect TLAB to
report anything under .46, I am hoping we see .48, which would give a needed
boost to the stock price.
As far as TLAB being a "1-trick pony" I find that quite amusing. Back in May of
this year, Tellabs acquired certain wavelength-division multiplexing and optical
networking technology from the IBM Thomas J. Watson Research Center in
Westchester County, N.Y. Under the terms of the technology and related assets
agreement, Dr. Paul Green and his optical
networking team from the prestigious Thomas J. Watson Research Center joined
Tellabs. Tellabs also became the owner of several patents and patent applications
related to wavelength-division
multiplexing and optical networking technologies. Other exclusive and
non-exclusive rights to IBM's extensive patent portfolio in the field of
wavelength-division multiplexing and optical networking, including certain
sublicense rights, were also granted to Tellabs. "Wavelength-division multiplexing is
an important technology for Tellabs' customers, the public
providers of communications services worldwide," said Harvey R. Scull, vice
president, Advanced Business Development, Tellabs Operations, Inc. "This
investment in talented people and fundamental technology complements Tellabs'
transport and access product portfolio with innovative optical transport solutions
our customers will require to be successful in the 21st Century." Tellabs is
establishing a technology research and product development facility for
wavelength-division multiplexing and other optical networking technologies in
Hawthorne, N.Y. The first products to use these technologies will be future
members of the company's TITAN® family of
bandwidth management systems.
"Telecommunications carriers around the world will require sophisticated optical
networking equipment to meet future demands for interactive voice and data
services," said Dr. Paul Green. "Tellabs will be in an ideal position to bring new,
innovative technologies to the market."
The temporary gray skies will pass over shortly, and a nice short squeeze is yet to
come. Remember, stocks can rise as fast as they fall, so keep your heads up and
look for another strong quarter from TLAB.
Regards,
bailey
DAVE DICKERSON |
