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Technology Stocks : TLAB info?

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To: Jay Rommel who wrote (4264)	10/28/1998 1:33:00 PM
From: Dave Dickerson	Read Replies (3) of 7342

Jay-go figure yesterday Nortel (NT) reported net earnings of minus 54 cents per share (after merger costs with Bay Networks were handled) ,the market rewarded them by going from $34.50 to $38/share. Besides that they have a PE of 48, vs. Tellab's 28 or so. Just some more assumptions of Cable products for Tellab's-I figure that just this increase in sales in '99 should increase price of Tellab's $2.58/share. DAVE DICKERSON

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