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Technology Stocks : TLAB info?
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To: Dave Dickerson who wrote (5402)4/22/1999 1:21:00 PM
From: Doughboy  Read Replies (1) of 7342
 
Dave,

Actually, I think the goal of 3X by '03 is fairly modest given Tellabs' growth. If I'm correct, the target is a four year (16 quarters) endeavor, which works out to about 32% avg annual growth. And if you want to cheat, there would still be three extra quarters of padding in '03 to make it to 6 billion. Still it's a nice target; we often get spoiled because Tellabs executes so well, we forget how hard it is to actually grow at 30% a year.

Doughboy.
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