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

To: Immi who wrote (2908)	8/7/1998 12:22:00 PM
From: Dave Dickerson	Respond to of 7342

To all -2 days ago Tellab's got down to $68.50,that will be looked at a great buying opportunity, when we look back 6 months from now. Like Erik Gustatson of Stein Roe said on 8/5/98 "Tellabs is spectaccular at this level". Currently at about $76.50 and recovering nicely. The fundamentals are still in place for Tellab's, and if we trust our mgt. team, then we are only beginning to see the benefits of our latest 2 purchases. Hang in there. My very conservatory goal one year from now is at least$100. I don't think it's posible to time short term trades with Tellab's, but rather it's a long term, buy and hold kind of stock, for 3-5 years. DAVE DICKERSON