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: Paul Reuben who wrote (3890)	9/17/1998 8:36:00 PM
From: Dave Dickerson	Read Replies (2) \| Respond to of 7342

To all -Alcatel warned that it won't make earnings estimates and it's in "telecom.eqt business",so it's stock was off 37% today and the not so bright analysts all rushed in to punish the telecom.eqt. sector. Lucent off 3 15/16, even though they said today that they were comfortable with their earnings estimates. NOTL was off 8,probably for just cause, as they had just laid off 3500 workers,and our friend Tellab's was cut 3 1/16. Now boys read my lips you can't lump all the folks in this sector in the same boat. Alcatel is not in the same category as Tellab's!! Alcatel is huge,is French, with gross revenues of$185 billion per year.In 1992 it earned $1.90/share;in '93=$1.60/share;in '94=$1.00/share and in '95 lost $5.2 billion dollars,in '96 earned $.65/share, '97=$.98/share and in last 12 m. earned a flat $.98/share. Sure nothing consistent or growthy about that earnings record. Also for the record,they are big in cables,energy,transportation and defence. I'm sure low oil prices and lack of defence spending have something to do with their "steller" record. They, as companies both have some degree of residense in the "african grasslands" called telecom. eqt.,but Alcatel is like a slow lumbering elephant and Tellab's is like a fast cheetah. DAVE DICKERSON