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

To: Jack Stirling who wrote (6013)	9/13/1999 4:32:00 PM
From: Thomas Haegin	Read Replies (2) \| Respond to of 7342

Jack, if it's of any consolation, I bought TLAB about 13 months ago at around 60 (before the latest 2:1 split). The stock came down from $80+, if not $90. I thought at 1/3 off the high I got a pretty good deal for a first-class longterm growth investments. As soon as I had it, it got involved in the CIEN takeover, with the result that it sold off all the way to the low 30ies, if I remember correctly. I was convinced of the longterm positive story and saw the CIEN thing and market correction of last September/early October as passing, so I just held the stock... look where we are today... I think that TLAB's longterm outlook is still very bright indeed, and whether you bought it at $64, $54 or $44 will be nothing more than a faint, irrelevant memory in 5 years time :-) I'd hold the stock, in fact I'd buy more at $50 or so. TLAB is a superior company, IMHO, and a core holding of mine today. kind greetings, Thomas