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


To: Farfel who wrote (5670)6/18/1999 9:09:00 AM
From: Scott  Read Replies (2) | Respond to of 7342
 
"that's the only time in 5 years I have seen Tlabs go down----look at the charts !!! and even in
the middle of that October earnings met or beat expectations !!! That's pretty powerful and
silenced the nay sayers."

Take a look at '94- Tellabs got crushed when there where some concerns about regional bells and their orders- All stocks go down- Tellabs will also- But the problem with trading a good stock is that when a stock gets ahead of itself and you sell- IT usually runs higher then you ever thought it would- and you hardly ever get back in at the right time when it pulls back- Word will spread that growth has slowed to 20% or some other concern- Analyst will start downgrading the stock..etc..etc The cycle will happen it always does-

Believe me when I say- Tellabs will correct at some point in the next 6 months- I will hold through that and possibly buy more- I've never been able to sell a good stock and buy back at the right time-

I'll leave that to smarter investors-I'll wait tell Cisco decides that they can't compete in this space- Lucent rules the world- and buys Tellabs-