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Technology Stocks : TLAB info?

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To: Dave Dickerson who wrote (4435)12/4/1998 3:23:00 PM
From: Brien Koehler  Read Replies (1) of 7342
 
biz.yahoo.com

From the article:

NEW YORK, Dec 4 (Reuters) - Shares of telecommunications equipment maker Lucent Technologies Inc. (NYSE:LU - news) and technology stocks rose on Friday after the companies this week gave upbeat presentations at an investor conference, analysts and traders said.

''It seems Lucent had some very positive comments at an investment conference in Arizona....Tellabs also made some positive comments as well and they appear to be finally participating (in the rally too),'' said Steve Levy, a telecommunications equipment analyst with Lehman Brothers...

Tellabs said it did not make any new announcements but analysts said their presentation was upbeat. Shares of Tellabs gained 1-1/16 to 57-13/16 on Friday.
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