SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?


To: Dave Dickerson who wrote (4583)12/29/1998 7:12:00 PM
From: Daveyk  Read Replies (1) | Respond to of 7342
 
Dave,notice the one underperform the market vote?Cien holder?<VBG>
Dave



To: Dave Dickerson who wrote (4583)1/4/1999 9:58:00 AM
From: Beltropolis Boy  Read Replies (1) | Respond to of 7342
 
Tellabs CFO Returns from Leave of Absence

January 4, 1999 09:18 AM

LISLE, Ill., Jan. 4 /PRNewswire/ -- Tellabs (TLAB) announced today that its Executive Vice President and Chief Financial Officer, Peter A. Guglielmi, has resumed his normal duties following a five-month medical leave of absence.

"I'd like to express my warmest thanks and heartfelt appreciation for the outpouring of support that I received from friends, coworkers and the financial community in particular. It certainly dispels the notion that analysts care only about numbers and financial performance," Guglielmi said. "Your encouragement and prayers helped me to get through a very difficult ordeal. I'm delighted to be back and look forward to making a positive contribution to the success of Tellabs and its shareholders."



To: Dave Dickerson who wrote (4583)1/5/1999 4:41:00 PM
From: Beltropolis Boy  Read Replies (1) | Respond to of 7342
 
Tellabs Shares Rise Amid Optimism for Stronger Equipment Sales
Bloomberg News
January 5, 1999, 1:10 p.m. PT

Lisle, Illinois, Jan. 5 (Bloomberg) -- Tellabs Inc. shares surged 20 percent amid optimism that the phone-equipment maker has refocused on its business after its aborted takeover of Ciena Corp. and will report strong fourth-quarter sales growth.

Tellabs, based in Lisle, Illinois, rose 13 1/16 to 78 13/16 in trading of 10.9 million.

Tellabs, which makes equipment used by local phone companies to process voice calls, agreed to buy Ciena last year, yet canceled the purchase after Ciena lost some big customers. Since then, Tellabs has won significant contracts and regained investor confidence.

"People are confident that the quarter is tracking according to plan," said James Parmelee, an analyst at CS First Boston, who rates Tellabs "strong buy."

Parmelee expects the company to report quarterly revenue of about $495 million, about 25 percent higher than last year on a pro forma basis.