TLAB info? Message Board

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Technology Stocks : TLAB info?

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To: Shafik Habal who wrote (5585)	5/21/1999 10:33:00 AM
From: Baldwin	Read Replies (2) of 7342

Shafik....interesting..so much so i contacted a friend who is experienced at tech analysis. He gave me permission to post the following. I'd be interested in anyone's comments. " i am looking at a long tem chart of tlabs.. going back a little before 92. the current up run starting in say nov of 98 is the second steepest rise (% wise) since early 93. the length of this run is now perhaps 3/4 of the run timewise that tlab has enjoyed in the past...................... my charting program has tlab growing enough that the growth rate between price bands in 34.4% meaning expected growth is around 70+% annually. could be there are just no one willing to sell calls or perhaps the cost is prohibitively high.. imagine paying 40 for a 70 call."

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