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


To: Jay Rommel who wrote (4167)10/19/1998 10:23:00 AM
From: Dave Dickerson  Read Replies (1) | Respond to of 7342
 
To all-Nov. Money magazine on Tellab's -recent Ciena-Tlab deal-"all of which may leave Tellab's shareholders wondering what to do. Our take:Hang on. Ciena wasn't crucial for Tellab's. At $47.25, the stock is now trading at 20 times estimated 1999 earnings, well below its historical levels north of 30. Its business remains intact, and analysts still see 30% long-term earnings growth". D.M. Page 80
DAVE DICKERSON