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Technology Stocks : TLAB info?
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To: Daveyk who wrote (5028)2/9/1999 3:38:00 PM
From: Dave Dickerson  Read Replies (1) of 7342
 
To all-I believe Mike when he states that he is not going to be sucked into Ciena again,but instead will be bringing out this technology in house within 6-8 months.
Large cap techs,and more importantly most of the more spectulative net stocks are going through a correction that started on 1/12/99. When these large sectors take a correction,they drag down cos. with more proven track records (TLAB). Do I still believe that Tellab's can achieve S2.45+/share net in 1999, yes, do I think that Tellab's will show flucuations between historical PE's of 18-45,yes.
Still holding Tellab's,I'm not smart enough to day trade it.And my goal is a 2-3 year hold for now.
DAVE DICKERSON
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