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Technology Stocks : TLAB info?

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To: Dave Dickerson who wrote (4374)11/17/1998 1:55:00 AM
From: Mike  Read Replies (3) of 7342
 
Has anyone read the news that was posted on TLAB tonight on international growth for TLAB? Birck made a statement on Monday that international growth for TLAB is slowing. International sales are 30% of TLAB's business. In addition, Birck stated that margins were going to be decreased coming into 1999 due to accounting changes. The bottom line for TLAB would not be hurt.

Can anyone comment as to what this may do to the stock? The annoucement also eluded to many new product announcements coming in the next couple weeks. Included in these would be a optical network product. Any ideas what the next few weeks will bring?

Thanks,
Mike
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