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

To: Johnny Canuck who wrote (6453)	1/25/2000 11:51:00 AM
From: llwk7051@aol.com	Read Replies (1) \| Respond to of 7342

Harry, the conference call was not that bad. The drop was caused by lower guidance. Tax rates and spending on new products were major reasons for drop. Also, cablespan is growing and has lower profit margin. Here are a few highlights. Earnings will be backloaded for year with greater sales growth in last two quarters Expenses for first half higher because of new product training. First quarter earnings expected to be 30 Cents. This compares to 24 cents restated numbers for prior year. Acquistions will hurt earnings for first two quarters by about 1 cent a share. Should be accreative by fourth quarter. Backlog soared 56% above 1998. Heavy 5500 growth. 30 % earnings growth achievable. Tax rate cost 4 cents a share for 2000 over prior rate. Caused by greater US sales expectations. Robert