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


To: Dave Dickerson who wrote (6020)10/7/1999 9:43:00 AM
From: Beltropolis Boy  Read Replies (3) | Respond to of 7342
 
good morning, TLAB!

fiber news out of our biggest customer, BEL, which at last count was 12.2% of revenue:

"Bell Atlantic Corp., the largest U.S. local phone company, agreed to buy as much as a 19 percent stake in the fiber optic network developer [MFNX] for about $1.68 billion, and to purchase $550 million of its fiber-optic capacity over the next 20 years."

and as you may have noted yesterday, SBC (i'm guestimating close to 10% of FY98 revenue), won FCC approval to buy Ameritech.