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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: SecularBull who wrote (32663)	3/7/2001 4:54:37 PM
From: SecularBull	Read Replies (1) \| Respond to of 65232

TLAB warns for Q1 (TLAB) Tellabs (TLAB) dropped its first quarter expectations due to below-trend growth in Tellabs' CableSpan business. Also, the company said it will not be able to recognize certain revenue from its new Titan 6500 system until the second quarter. First quarter earnings are now expected to be 35 cents to 38 cents vs. an expected level of 39 cents a share. Revenue is expected at $830 million to $865 million compared with expectations of $865 million to $890 million. The company said growth in its core optical networking business remains strong. Tellabs shares closed up $1.69, or 3.8 percent, at $45.69.