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

To: Chuzzlewit who wrote (5683)	6/18/1999 5:11:00 PM
From: Farfel	Respond to of 7342

I remember in January when one day Tellabs went up 13 points "for NO reason"----and then it continued building right into earnings. I know that Madison something or other downgraded it----that poor guy will be looking for a new job when Tellabs embarrasses him. As I said in the last post----on the only downgrade I saw in the past---there was a simultaneous "upgrade" from AG Edwards one of the finest financial investment companies going----so one analyst's opinion doesn't bother me; if he was really that great, he would be retired. As for Tellabs---I also have never seen it reach a price to which it did not return---that is why I counseled fellow workers to load up when it hit the 30's and even in the 40's last October-----they are very happy fellows now-----it seems they want more tips----I give them a very good one: "buy more tellabs"!

To: Chuzzlewit who wrote (5683)	6/19/1999 2:16:00 AM
From: Shafik Habal	Read Replies (1) \| Respond to of 7342

Chuz, something quite unique that i find profoundly interesting is the fact that TLAB has no call strikes greater than 70. Talk about the options specialist getting caught with their pants down ! I rarely find scenarios (certainly not in the few years i've traded) such as this for quality companies. Even the y2k and 2001 leap calls top out at 70. Regardless of whether this is short covering, a technical breakout or a combination of factors (arguing the reason is a moot point), the next few wks are going to be interesting for TLAB. Best of luck. Disclosure: long TLAB common and 2001 70 calls (ZEP AN) Regards, SH