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Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Brown who wrote (11188)	6/19/2001 5:52:09 PM
From: jhg_in_kc	Respond to of 12623

Tellabs Warns on Earnings, Sales LISLE, Ill. (AP) - Troubled telecommunications equipment maker Tellabs Inc. (NasdaqNM:TLAB - news) warned Tuesday that second-quarter sales will fall 35 percent to 40 percent below expectations as demand throughout the industry continues to plummet. The statement came after markets closed. Tellabs shares fell $1.10, or 5 percent, to a three-year low of $21.20 on the Nasdaq Stock Market and sank further in after-hours trading following the announcement. The stock has lost half its value in the last month alone.