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


To: Chuzzlewit who wrote (3193)8/21/1998 1:29:00 PM
From: John Carragher  Read Replies (1) | Respond to of 7342
 
I thought it was T coming out this morning. ps I have another buy in on cien. At this price if tlab doesn't come thru somebody else may..



To: Chuzzlewit who wrote (3193)8/21/1998 1:32:00 PM
From: Ardner Cheshire, Jr.  Respond to of 7342
 
How to get screwed coming and going: Based on TLAB's Aug. 19 reaffirmation of Aug. 21 shareholders meeting and forthcoming merger with CIEN, sell TLAB for loss and buy CIEN. Moral: don't let the tax tail wag the investment dog, and don't make investment decisions based on what management says. All in all, a very painful and expensive lesson.



To: Chuzzlewit who wrote (3193)8/21/1998 9:15:00 PM
From: Gary Korn  Respond to of 7342
 
My guess is that some institutional investors called Birck and said enough is enough.

I think that is exactly what happened.

Gary Korn