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

To: craig crawford who wrote (2154)	2/19/1998 12:05:00 PM
From: Bob Ebel	Respond to of 7342

Copied from Yahoo message board: Subj: Read this By: goodlookingtrade Date: Feb 19 1998 8:52 A.M PST Reply To: Msg. 1 by YahooFinance NEWS STORY FOR TLAB 42 SYMBOLS: TLAB A. 01/28 TLAB; WE BELIEVE TLAB WILL HAVE A (FBC) CONTRACT W/BELL ATLANTIC CREDIT SUISSE FIRST BOSTON CORPORATION Equity Research-Americas Industry: Telecommunications Equipment Michael T. Schmidt Ph. D..CFA-212/325-2861-michael.schmidt@csfb.com Wanda P. McNeely 212/325-3181-wanda.mcneely@csfb.com STRONG BUY Tellabs~(TLAB) Summary We believe Tellabs will be awarded a significant contract with Bell Atlantic for its Titan 5500 SONET based cross connects. At an analyst meeting in New York this afternoon. Bell Atlantic management indicated that it is nearing announcement of a multi-year, potentially multi-billion dollar network upgrade program. As part of this, Tellabs was mentioned as the likely supplier of wide-band cross connects. We believe this award will be material to Tellab's growth over the next few years and may produce modest upside to our current estimates. Until details are confirmed, however, we maintain our current estimates. We maintain our STRONG BUY rating and price target of $77. View Replies to this Message