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

To: Jay Rommel who wrote (4142)	10/17/1998 10:54:00 PM
From: Dave Dickerson	Respond to of 7342

Jay I quess my target is $1.90 net per share in 1998 times a conservative PE of 30=year end target of $56.40 or +25 % from current levels. On a similiar basis for 1999, my goal is plus or minus $2.45 net per share times 32 PE for a price of $78, an increase of 74 % from current levels. Yes I know it's not $92, but it does represent steady growth in an adverse environment. As a aside, I would not want to be a short bear in Tellab's on the days that Tellab's announces double Titan,AN2100,First DWDM products,or new broadband transport manager products. Good Hunting DAVE DICKERSON