Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Buckeye who wrote (1981)	1/27/1998 9:49:00 PM
From: Clam Clam	Read Replies (1) \| Respond to of 7342

This stock reaction is quite frustrating. Down $3 ahead of the earnings and down another $2 after they beat estimates and management sounds enthusiastic about Q1 and 1998. Management has indicated Titan will grow 30% in 1998, similar to what they budgeted for 1997, when Titan grew 54%. Titan grew 21% sequentially in Q4, very similar to the 22% done in the Dec qtr, 1996. Business looks robust and they are taking market share from Alcatel Lucent and NorTel. The ADC blow-up combined with potential seasonal (Q1) softness and mergers among many key customers leaves the sector vulnerable to a rotation out. However, LU and NT went up. You pay a higher multiple for LU when LU has exposure to ADC types of commodity products? LU is a great company but it doesn't make much sense to me to award a lower multiple for a purer play in the WAN backbone (TLAB). >>Did you hear the conference call today? It was a mixed bag in my opinion . . . Mgmt. is always conservative but there was a lack of enthusiasm for new products unlike any previous call they've held. New products haven't been the story here. Any hype created by potential new products in the past haven't panned out. I heard they hinted about an acquisition at the Montgomery conference today. Rumors of buying FORE have come up in the past but I believe TLAB has developed ATM capabilities in-house. Maybe DSC is the candidate, its stock is in the tank.

To: Buckeye who wrote (1981)	1/27/1998 11:10:00 PM
From: Immi	Read Replies (1) \| Respond to of 7342

Buckeye, I have seen NO lack of "gusto" in TLAB's management. They came out and said they are conservative. Don't we like that?. How else can we surprise. The new products, if you recal have longer cycles. Seconldy, they said that they cannot elaborate on the ATM product now becuase of some partner, but will so in the near future. Increased R&D, doubled the staff in the optical networks division got from IBM. Optical, products end of 1998, revenue impact 1999. Ready with capacity, 20 to 25% growth in business plans.... Cutting, edge of R&D... etc, etc... Hey this is good. I plan to hold TLAB till my wife leaves me... Regards, Immi