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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?

To: Rafael Silva who wrote (5656)	6/16/1999 5:42:00 PM
From: Dave Dickerson	Read Replies (3) \| Respond to of 7342

Rafael-I'm here. Tellab's up 9.63% today,not bad. Still long and strong in TLAB's as well as cmgi and soon ipo enga (7/5/99 or so) New products coming out in tlab's as promised, and Pres. Mike's conservative new goal of $6 billion gross by 2003 is a doable and highly bullish goal. Tlab's remains strong, focused, with a great mgt. team that is truthful,I can't say that about all cos. Growth in net earnings should be around 38-45% per year. Within range of historical PE's for tlab((25 to 50),the growth of net earnings will propel the range of stock prices in the future. Ask yourself, where else can you put some money and have it grow 38-45% per year,with hopefully an acceptable beta? The list is mighty short. Earnings will most likely beat the street and will continue to be ramped up. We have over $800 million in cash and various goals given at last cc. are there for all to see. Any long term holders of Tellab's should listen to each conference call at least two times and take good notes to help them properly understand the company ,it's mgt. and goals. That's the best thing that I have done over the last 4 years in terms of having the right outlook on Tellab's. My stack of info. on Tellab's is over 5 inches tall. With the proper dd.,one can ignore the rabid bears and other ill-informed naysayers. My favorite picture of Tellab's mgt. is one taken over 22 years ago on the cover of their first annual report, as a small group of engineers sat around a coffee table and formed Tellab's. Tlab's is certainly a hold for the next 5-7 years for a significant part of your portfolios. I would look for regular 2 for 1 splits on a yearly basis,now that we are past the drought period, that Ciena caused. Good Hunting DAVE DICKERSON