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

To: pass pass who wrote (6030)	9/16/1999 9:41:00 AM
From: ArnieC	Read Replies (1) \| Respond to of 7342

I don't completely agree with your assessment. I see support in the 54-55 range. If TLAB breaks this support, then 40 will offer support. Arnie

To: pass pass who wrote (6030)	9/22/1999 2:43:00 PM
From: Beltropolis Boy	Read Replies (1) \| Respond to of 7342

>TLAB just needs to figure more products other than SONET to join the big boys such as LU, NT, and CSCO.< oh, play me a sonet [sic]! personally, i don't see it going away anytime soon (not that you inferred such). to me, the following blurb on sycamore -- essentially a one-trick pony banking on SONET (and williams comm) -- further validates our market. ----- Sycamore Networks Plans IPO Of 6.5M Shares At $18-$20 Newstraders - September 13, 1999 12:03 (NewsTraders.com)-- Sycamore Networks Inc., a developer of networking products, today disclosed further details concerning its IPO, including that it plans to offer 6.5 million common shares in the $18-to-$20 price range. In its original filing from Aug. 6, the company said it would offer $115 million of stock, but did not provide other specifics. Sycamore now sees the aggregate offering price coming in at $149.5 million, according to an amended filing released on Sept. 10 after market close. The Chelmsford, Mass.-headquartered company makes the SN 6000, a software-based "intelligent optical networking product" that enables network service providers to provide bandwidth and create new high-speed data services over fiber optic lines. The company shipped its first SN 6000 in May, and all of its revenues to date have been from sales of this product to one customer, Williams Communications. Sycamore has one other product that is currently on the market, the SN 8000, with other products in development or testing stages. The IPO will give Sycamore a potential market capitalization of nearly $1.5 billion, based on the number of shares to be outstanding and the anticipated $19 mid-point. Sycamore plans to receive $113.9 million in proceeds from the offering, which it will use to repay debt and for general corporate purposes. Sycamore can be found on the Web at sycamorenet.com. Morgan Stanley Dean Witter leads the underwriters for the IPO. IPO Expectations Price per share: $18 to $20 Shares being offered: 6,500,000 common Shares to be outstanding: 77,056,337 common Company location: Chelmsford, Mass. Exchange/Symbol: Nasdaq/SCMR Underwriter(s): Morgan Stanley Dean Witter; Lehman Brothers; J.P. Morgan Co.; Dain Rauscher Wessels