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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (2780)11/19/1998 1:53:00 PM
From: AlienTech  Read Replies (1) | Respond to of 43080
 
Tellabs Disclosure

In September, Tellabs Inc., a telephone equipment maker,
told some money managers and analysts on a conference call that
its third-quarter profit and sales wouldn't meet estimates. The
Lisle, Illinois-based company's shares fell as much as 27 percent
after the call began and before the information was more widely
disseminated.

Tellabs Chief Executive Michael Birck said at the time his
executives weren't planning to make significant comments in the
session with analysts. ''We didn't think we were announcing
anything of consequence there,'' he said.

bloomberg.com