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


To: Chuzzlewit who wrote (2274)3/19/1998 1:05:00 PM
From: Beltropolis Boy  Read Replies (1) | Respond to of 7342
 
>Dave. TLAB is up sharply today. Is there any news behind today's move?

paul.

if i may respond, today tlab placed lucky number 7 on business week's 50 -- their annual ranking of america's best performing companies in the s&p 500.

businesswire.com

fwiw,
-chris.



To: Chuzzlewit who wrote (2274)3/19/1998 2:12:00 PM
From: Dave Dickerson  Read Replies (2) | Respond to of 7342
 
Paul- My quess is that folks are anticipating beating 1st 1/4's estimates,a sound annual report just out, and the anticipation of a one year overdue, 2 for 1 stock split at forthcoming annual meeting,plus new products starting to crank up.
Plus, the stock has been running sideways, since last Sept.on some news,that really didn't relate to Tellab's and it's growth now in price is long overdue.
If you can put up with the volatility, then you will make your +40% per year in share price appreciation in about 10 major up trading day's in a year's time.
regards
DAVE DICKERSON