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


To: John Carragher who wrote (5734)6/22/1999 12:15:00 PM
From: sydney  Respond to of 7342
 
How many times does one have to hear how great this company is...it is a given...there is really nothing negative to discuss...either you are in for a quick return or long term..."the long termers( the real 'analysts') have made a lot of $$$$"...with fruitful years ahead...that is the best recommendation that one needs for buying Tellabs.



To: John Carragher who wrote (5734)6/23/1999 12:01:00 PM
From: BI*RI  Read Replies (1) | Respond to of 7342
 


Dain Rauscher Wessels analyst George Notter initiated coverage of Tellabs Inc. on Wednesday with a buy-agressive rating.

--''We look for sustained strong growth in telecommunication traffic to continue to drive underlying demand for the company's flagship Titan 5500 and MartisDXX product offerings,'' Notter wrote in a research note.

--Tellabs is expected to report a strong June quarter and Dain Rauscher pegs fiscal 1999 earnings per share at $1.25 and
fiscal 2000 earnings at $1.58, the research note said.

--The analyst puts Tellabs' 12-month price target at $82.
--Shares of Tellabs were off 1-1/8 at 65-9/16.