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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: DenverTechie who wrote (1876)	8/11/1998 11:16:00 AM
From: MikeM54321	Read Replies (2) \| Respond to of 12823

"The Tellabs Titan is the absolute best digital cross connect on the market and the last time I looked sales had broken a record and sales growth percentages were at an all time high. I think this at their last earnings report." DenverTechie, Thanks. You are correct about TITAN breaking sales records recently. I spent some time this morning trying to find where I read about the key TLAB product ("key" is key word!) slowing, but I could not find it. TLAB is getting attractive since it's recent pullback from around 90 to 70. I'm still concerned about what I read, but I may have gotten it mixed up with another company. Market sure is worried about something concerning TLAB. I'm not sure it's related just to the CIEN/AT&T deal about DWDM equipment delays. Well it looks like I have time to do some more research anyway. I'm not going to do any serious investing until the current market turmoil shakes out. The networkers, with little Asian exposure, are getting pretty attractive. I think most investors don't realize, from what I recall, that only one networker, "Digital Link," warned in June. That's pretty good considering all the problems in the high tech industry. In the overall face of things, this is really an outstanding sector (IMHO). Thanks, MikeM(From Florida)

To: DenverTechie who wrote (1876)	10/16/1998 1:34:00 AM
From: MikeM54321	Read Replies (2) \| Respond to of 12823

"The Tellabs Titan is the absolute best digital cross connect on the market and the last time I looked sales had broken a record and sales growth percentages were at an all time high." DenverTechie, Great analysis you did of TLAB back over two months ago. As you may recall, you were commenting on rumours I was reading about TITAN product sales slowing and other misc. rumours involving TLAB. It's interesting to go back and read our comments around the post I linked to for this response. These Q3 numbers may put a lot of those rumours to rest, but I doubt it. :) Thanks, MikeM(From Florida) PS I'll listen to the CC and post a quick summary. I hope it's upbeat. I'm sure the street will be picking it apart looking for something negative. _____________________________ Tellabs Reports Best Quarter in Company History Sales and Operating Earnings Set Record Levels LISLE, Ill., Oct. 15 /PRNewswire/ -- Telecommunications equipment manufacturer Tellabs, Inc. TLAB , announced Thursday record sales and earnings for the third quarter of 1998. Sales for the third quarter, ended October 2, were $423,548,000, the highest for any quarter in the company's history and up 36.9 percent from sales of $309,408,000 in the third quarter of 1997. This marks the 29th consecutive quarter in which Tellabs' sales surpassed prior-year levels. Sales for the first nine months of 1998 were $1,138,769,000, up 34.1 percent from sales of $849,232,000 a year earlier. Net income for the third quarter was $87,763,000, up 36.5 percent from net income of $64,307,000 a year earlier. Included in 1998 operating results is a pre-tax charge of approximately $12,991,000 taken in connection with the merger with Coherent Communications Systems Corporation that was completed on August 3 and the terminated merger with CIENA Corporation. Excluding the effect of the charge, net income for the third quarter of 1998 was 50.1 percent greater than the level recorded in the comparable period of 1997. "Third quarter results, again driven primarily by Tellabs' flagship products, were strong," said Tellabs President and CEO Michael J. Birck. "Sales of the SONET-based TITAN(R) 5500 digital cross connect system were up 34 percent compared with the year-earlier quarter. MartisDXX(TM) sales were up about 29 percent. Echo canceller sales increased 153%, reflecting strong sales of Tellabs' products plus the addition of Coherent's echo canceller products." Beginning at approximately 9:30 a.m., Chicago time, Friday, 10/16/98, interested investors will be able to listen to a pre-recorded replay of Tellabs' analyst teleconference. This replay will be available for 48 hours. To listen to the pre-recorded teleconference: Call toll-free 1-800-633-8284. When prompted, enter the Tellabs reservation number 1627780.

To: DenverTechie who wrote (1876)	6/28/1999 5:36:00 PM
From: Charles R	Read Replies (1) \| Respond to of 12823

DenverTechie, <The Tellabs Titan is the absolute best digital cross connect on the market and the last time I looked sales had broken a record and sales growth percentages were at an all time high. I think this at their last earnings report. Well run company, very good management, > I am in complete agreement with everything you say here but I have been a bit shy in getting into Tellabs in the last 6 months. I keep thinking that their T1 cross connect volumes will drop. My reasoning is that second and third line residential business will take the CO switch/cross connect growth only so far and this business will slow down because all the DSL and other internet related access stuff will dramatically reduce the cross connect port shipments. (what I mean to say is that the absolute bandwidth will go up but the units will drop) But, I should say, I am surprised by Tellabs stock performance. What gives? Is there a flaw in my thinking or does Tellabs have strong product offerings in other areas to offset the drop off in T1/E1 cross connect port growth? Thanks, Chuck