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


To: John Carragher who wrote (6257)12/6/1999 5:17:00 PM
From: John Carragher  Respond to of 7342
 
lifted from yahoo thread.

Lehman just reinterated 1-Buy rating. Buy on this weakness. The sole reason TLAB is down is because of the rumor that it
may buy Newbridge Networks, which Morgan Stanley is shopping around. Lehman thinks there is only a 10% chance of
this, and if it does happen, TLAB would likely only buy pieces of it. TLAB fundamentals remain excellent, better than
expected.



To: John Carragher who wrote (6257)12/6/1999 9:29:00 PM
From: sydney  Read Replies (1) | Respond to of 7342
 
Tellabs has been ranked by Business Week and Investor's Business Daily as one of the best performing stocks of the S&P 500, with a three year return of 240%. The company reported revenues of $2 billion in 1999, but Birck hopes to grow the company to the $6 billion by 2003, thanks to a spate of new product development...."Fortune Investor's Guide 2000"on newstands Dec.20th. Oh don't forget we are getting closer to the eve of Tellabs 25th Anniversay!



To: John Carragher who wrote (6257)12/14/1999 11:31:00 PM
From: buckhead26  Read Replies (2) | Respond to of 7342
 
I have held TLAB for over 2 years, and I think that an opportunity to buy at 60 or below is excellent. TLAB has clearly stated that they have a slew of new products coming online in early 2000, I think Jan.

The company I worked for used the Newbridge 3600s (their TDM muxes) before I retired in 94, and it was an excellent product. Retired in 94, and have watched the stock slowly implode, but never owned. It's hard to say what went wrong, but I agree that buying a troubled company can bring trouble into the TLAB house. After getting stung by the CIEN fiasco (which was an incredible example of Murphy's Law), I think TLAB mgmt is totally adverse for a good while about big acquisitions, especially if they come with problems like, ...uh.. morale and employee flight.

buckhead26
ps Lurked for a year, and finally paid up to talk. Hi everyone. This is so much better than Yahoo with the, well, you know.