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Technology Stocks : TLAB info?
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To: Chuzzlewit who wrote (4344)11/5/1998 9:05:00 PM
From: Dave Dickerson  Read Replies (1) of 7342
 
Chuzzlewit-I couldn't have said it better,or more likely not said it at all.
Naveen,my target for year end is $65 and minimal target for year end 1999 is $84. Or another way to get year 1999 is $2.45/s net times 34PE( telecom. industry average) =$83,30/share or up 46% from current levels. Now we are overdue for a stock split and when Tellab's gets to about $90, I would think that a 2 for 1 split would be called for.
Good Hunting.
DAVE DICKERSON
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