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

To: Bob Mehra who wrote (4887)	1/26/1999 10:00:00 AM
From: Jack Kunkle	Read Replies (3) \| Respond to of 7342

Headline: RESEARCH ALERT - Tellabs (NASDAQ:TLAB) cut by ING Baring CHICAGO, Jan 26 (Reuters) - ING Baring Furman Selz analyst Michael Neiberg said Tuesday he cut his rating on Tellabs Inc. to buy from strong buy. · Q4 results were strong and at $0.62/shr were significantly ahead of consensus estimate. · Based on limited visibility for timing and size of markets for new products and "modest upside" for price target of $93, analyst is slightly reducing rating. · 1999 earnings estimate increased to $2.45 and 2000 estimate set at $3.10 chicago.equities.newsroom@reuters.com)) Copyright 1999, Reuters News Service

To: Bob Mehra who wrote (4887)	1/26/1999 10:37:00 AM
From: Patricia	Read Replies (2) \| Respond to of 7342

Interview with CEO on Squawk Box went well, IMO. At the end, CEO was asked about TLAB possibly being a take-over candidate or whether they were in talks to acquire any specific company. CEO stated he wasn't aware of any company planning to target TLAB...however, he did leave the impression (at least to me) that there were companies out there that TLAB's was interested in acquiring...though he refused to be more specific. They discussed the failed merger with CIENA...here again the impression I received was that this might still be a lurking possibility. Patricia