TLAB info? Message Board

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Technology Stocks : TLAB info?

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To: Bong Lewis who wrote (4179)	10/19/1998 4:38:00 PM
From: Jay Rommel	Read Replies (2) of 7342

Investors, as I previously posted before Lucent is going to report earnings this Thursday 10/22/98 before the market opens. The consensus is .39 I predict LU will smash this and report closer to .43 This should propel LU, TLAB and the rest of the Telecommunications Equipment makers this THURSDAY into higher grounds. If the Market holds steady until Wednesday close then I predict TLAB will break the resistance of 49 and move on to the 50s. Of course if we see a broad sell off between now and Wed, then all bets are off. My charts are telling me we are a bit overbought, but I really hate those @#$%! charts!!! This is one reason why I don't trade TLAB anymore. I prefer the buy and hold approach with respect to TLAB since FA makes more sense with respect to this stock. I'm comfortable of Dave Dickerson's prediction of $56.40 by year end.

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