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Technology Stocks : Teltrend TLTN -- Ignore unavailable to you. Want to Upgrade?


To: Scott D. who wrote (193)1/15/1998 1:06:00 PM
From: Peter Bernhardt  Read Replies (2) | Respond to of 215
 
Quiet thread . . .

Today's trading action is extremely volatile. Big price swings on high volume. Anyone know what's up?a second supplier. So, what's good for the goose is good for the

ADTRAN's earnings report earlier this week got me interested in this stock again (I've been out since its collapse about a year ago). I liked the fact that, according to ADTRAN, customers have resumed normal buying patterns. While ADTRAN and Teltrend are competitors, as many already know, Teltrend services the same markets as ADTRAN as gander, as it were.

I also like the fact that Teltrend has no exposure in S.E. Asia.

Today's price action shows that something is up, though. Could be a final test of the 52 week low. Could be the beginning of a downtrend. Let's hope it's the former.

FWIW, I looked over my old posts to this thread. Boy, I had this one wrong on the way down. Another hope that I'm not wrong again this time around.

- Peter B