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

To: Baldwin who wrote (5944)	8/26/1999 11:55:00 AM
From: Clay Takaya	Read Replies (1) \| Respond to of 7342

Thanks for the correction, Obviously this story is wrong on this issue. I haven't owned TLAB for over 4 years (ouch!) and hadn't realized that the market cap had grown so much (ouch! ouch!). The stock is coming back even as I type. Clay

To: Baldwin who wrote (5944)	8/26/1999 12:01:00 PM
From: Chuzzlewit	Respond to of 7342

Sometimes we assume that a stock drops for the wrong reasons. This may have nothing to do with the CSCO acquisitions. About two and a half years ago (I am relying on memory here) TLAB was trading at around $24. In two days it had dropped to around $21. A couple of days later it was on its way to $30. It turns out that MER analysts had a meeting with the company and there was speculation that the stock would be downgraded. Instead, MER issued a strong buy and the stock promptly rebounded. I don't know what's behind the current drop, but I do know that the tech sector behaves in a manic depressive mode. Let's wait to hear something from the company. TTFN, CTC -- very long TLAB