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


To: Doughboy who wrote (3259)8/24/1998 1:01:00 PM
From: Chuzzlewit  Read Replies (2) | Respond to of 7342
 
DougHboy,

My comment was really a SWAG, and so I can't back it up with analysis. However, the value of the company is based on the greater of what a willing buyer would pay for the technology, or what the present value of the future cash flows of the stand alone business is worth. The market reaction clearly indicated that by whatever metric Ciena is measured, TLAB had been willing to pay a huge premium over the market.

TTFN,
CTC