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


To: Dave Dickerson who wrote (4025)10/7/1998 3:04:00 PM
From: Baldwin  Read Replies (1) | Respond to of 7342
 
Dave,
Thanks for sharing Yahoo post. Bailey seems very well informed and willing to share info/tools/basics.

Here's more from Yahoo today:

"Mike Birck announced awhile back that 3q earnings probably would be flat (meaning 32% growth AGAIN??? LOL..see link)....and 4q98 on target.

NOTE: this is third quarter 1997 info!!!

"FOR IMMEDIATE RELEASE
10/06/97 CONTACT: Tom Scottino
(630) 378-7504
Tom_Scottino@pcmail.tellabs.com

TELLABS REPORTS BEST QUARTER IN COMPANY HISTORY
Third-Quarter Sales and Earnings Set Record Levels

Lisle, Ill. -- Telecommunications equipment manufacturer Tellabs, Inc., announced Monday record sales and earnings for the third quarter of 1997.

Sales for the third quarter, ended September 26, were $309,408,000, the highest for any quarter in the company's history and up 32 percent over sales of $234,340,000 in the third quarter of 1996. Sales for the first nine months of the year were $849,232,000, up 42.5 percent compared with sales of $596,069,000 a year earlier. This marks the 25th consecutive quarter in which Tellabs' sales surpassed prior-year levels.............."

tellabs.com

I bought last batch at $49, maybe time for more. :) I'd love to see Tellabs blow out numbers AGAIN..but we have been warned "FLAT."
 



To: Dave Dickerson who wrote (4025)10/7/1998 4:50:00 PM
From: LakesideTrader  Respond to of 7342
 
Thanks for the encouraging words about this company!



To: Dave Dickerson who wrote (4025)10/7/1998 9:54:00 PM
From: Trey Yon  Read Replies (1) | Respond to of 7342
 
Grinning Bear is more apt. I knew what to do the minute I heard T had dropped the bomb on you guys. And had warned others on SI about the perils of CIEN. You see, I unlike many others I understand the fundamental valuation of TLAB. So scared bear always, shy bear most of the time MUCH richer bear lately. Expect Q3 flat sequentially, Q1 down sequentially, Q2 down sequentially etc.

These are the times when stocks are forced out of Weaker hands and Back into the Stronger hands where they rightfully belong.

TLAB longs have been badly bloodied but the pain I described last Fall will endure for at least another 6 months. LU has plans to rain on TLAB in '99 and beyond.

The TLAB chart has busted a 5 year uptrend line with TWO Gaping Gaps and thats not something Mr. Market repairs overnight.

Now where's that Big BearRAL of TLAB Lemon drops I've been chomping on.

Back to being a Lurking Bear.