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Technology Stocks : TLAB info?
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To: Mike who wrote (5121)3/15/1999 10:49:00 PM
From: Dave Dickerson  Read Replies (3) of 7342
 
IMHO- the stock is trying to make up for the 6 months that it lost due to Ciena fiasco. During this time period it's net income growth continued at 34%+ per year, but it's PE went down to very low levels. It also skipped a year for a stock split, that I feel it will make happen as the price shortly gets to $105-115. Very little debt, new fiber-optic products coming out in next 6 months, a sturdy well thought out mgt. style, with solid growth make this co. one that you can put into your harem.
Good Hunting
DAVE DICKERSON
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