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


To: Katherine Derbyshire who wrote (5692)6/18/1999 6:29:00 PM
From: Farfel  Respond to of 7342
 
Then perhaps you shouldn't say "sell" and please don't indulge in "Clintonspeak" or say such things without clarifying that you don't mean them. By reading all of your self-contradictions, it is getting difficult to figure out exactly what your REAL position might be----if any.

As for recommendations, just two minutes ago, the analyst on CNBC from Petros Capital said that his company is long on Tellabs and it was one of their favorites, and that it will greatly benefit by being an infrastructure provider for the internet. Funny he and I think alike.

As for what you really think Katherine, it's hard to tell; let me repost your prior writings so you might "refresh your memory":

To: Baldwin (5637 )
From: Katherine Derbyshire Monday, Jun 14 1999 10:59PM ET
Reply # of 5690

In short, every analyst on the planet loves TLAB. Sounds like time to sell to me!!

If these guys are so smart, why ain't they rich?

Katherine


I'll keep a copy of it to show you in the future if you should FORGET that you advised people to sell or so hid your sarcasm that some would consider it "doublespeak".



To: Katherine Derbyshire who wrote (5692)6/19/1999 12:01:00 AM
From: llwk7051@aol.com  Read Replies (1) | Respond to of 7342
 
Katherine, I understood your comment the same way you explained you meant it. I prefer having only a few brokerage firms giving strong ratings so that when the other firms change their minds the stocks I own will get an additional boast.

As for tlabs price movements, it had a very distinct pattern over the years. In fact, until last summer you could almost predict the next high and low in between. Generally highs were about 40% above previous highs. The stock would then move in a sideways to downward trend generally losing 20 to 30 percent of its price before once again moving to a new high. I haven't studied my chart on this for a while so my numbers maybe slightly off, but I wonder if the trend will return?

By the way the spring and early summer are frequently very good for telecommunication stocks. In last week we have had lots of new highs ex. Tlab, Nt, Qcom. It is a hot sector now, but the investment community loves to rotate.

I mention the above points not to encourage trading but to remind myself and others that nothing goes straight up and to be prepared for both the good and bad times. Personally, I much prefer new highs. But I realize that my three largest telecommunication stocks all have been downgraded on price in the last few days.
Good luck to all,
Robert D.