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

To: Dave Dickerson who wrote (4183)	10/19/1998 8:05:00 PM
From: llwk7051@aol.com	Respond to of 7342

Dave, I agree. I think someone was desperate to get Ciena stock up. There seems to be about a 20 dollar per share difference between Tlabs value estimate and Ciena's estimate of its value. I look for this rumor to die very quickly. I am not certain if Tellabs would even buy it at 10 dollars a share after hearing various conference calls and reading the same transcript. Robert D.

To: Dave Dickerson who wrote (4183)	10/19/1998 9:32:00 PM
From: Jay Rommel	Read Replies (1) \| Respond to of 7342

Fool's take on the rumor fnews.yahoo.com O.K. I also came out with the impression that Mike doesn't want to get involved in the whole fiasco again. Besides, Fiscal 99 doesn't look all the rosy for CIEN at this time.

To: Dave Dickerson who wrote (4183)	10/21/1998 12:44:00 PM
From: Beltropolis Boy	Read Replies (1) \| Respond to of 7342

fwiw, fleeting post-earnings comments from jim jubak (via investor). Updates Picking up on telecom mergers Posted 10/20/98 Tellabs (TLAB) isn't out of the woods yet, but the forest doesn't seem quite so dark and threatening. On Oct. 15, the company announced record sales and earnings, each up 37% from the same quarter in 1997. The results beat Wall Street earnings estimates of 46 cents a share by 3 cents. That's good news for investors who were worried, as I was, that the recent on/off/on and finally off again merger with Ciena (CIEN) might have done lasting damage to Tellabs' sales. Key products, however, continued to sell well. Sales of the flagship Titan5000 cross-connect product, for example, grew by 34%. But CEO Michael Birck didn't lay out the company's roadmap for the future beyond mentioning plans to launch several new products in the near future. And, with Wall Street worried that Tellabs isn't strong enough to make it alone in an era of consolidation in the telecommunications equipment business, developing a convincing plan for future growth remains the most crucial challenge facing the company.