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: DMaA who wrote (2539)	6/4/1998 10:56:00 AM
From: DMaA	Read Replies (1) \| Respond to of 7342

Reviews starting to come in. Here's a thumbs up from Lehman: Tellabs Inc. (TLAB) 64 1/4 +7/16: Lehman Brothers reiterates "buy" rating on maker of voice, data and video transport and network access systems following announced acquisition of CIENA; believes purchase is a major strategic positive for TLAB, combining two of the fastest growing players in the telecom universe; expanded sales channels for CIENA platforms should offer opportunities for significant incremental revenue growth; should also help TLAB with rollout of new optical platforms; has price target of $80-$85 based on new TLAB achieving a multiple of at least 35 times projected 1999 EPS of $2.30 a share.....