SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TLAB info?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rafael Silva who wrote (5182)3/30/1999 8:01:00 AM
From: Dave Dickerson  Read Replies (2) of 7342
 
Rafael- I'm right here. All long term holders of Tellab's need to read their annual report. I expect about 3-6 new products to be announced in the the next 3-9 months. Eg. there will be a fiber optic-Titan hybrid product that will be the first in a series of products that link the much needed fiber optic capacity to Tellab's more regular type products. This kind of announcement will do a lot to dispel the fear of many analysts, that Tellab's only had a couple of year's left worth of good growth( a fear coming from Ciena aborted merger) and this alone could add 10 to 20 to the PE number that the trade attaches to Tellab's.
I expect that you will see a 2 for 1 stock split in the next 3 months. Before Ciena's year, Tellab's had a stock split each year for 4-5 year's.
I don't expect that mgt. will try to acquire a data packet co. as Mike says they need in annual report, but that they will try to make an strategical alliance with the co. or cos. that have the needed technology.
Remember that Mike is honest,very conservative and as been burnt badly by Ciena fiasco.
I further expect Tellab's to have earnings suprises over the street estimates, with the actual net earnings in 1999, being somewhere north of $2.58/share. Now at a PE of say 48, that could mean a target in 1999 of $124.
Good Hunting
DAVE DICKERSON
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News