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


To: Rafael Silva who wrote (5182)3/30/1999 8:01:00 AM
From: Dave Dickerson  Read Replies (2) | Respond to of 7342
 
Rafael- I'm right here. All long term holders of Tellab's need to read their annual report. I expect about 3-6 new products to be announced in the the next 3-9 months. Eg. there will be a fiber optic-Titan hybrid product that will be the first in a series of products that link the much needed fiber optic capacity to Tellab's more regular type products. This kind of announcement will do a lot to dispel the fear of many analysts, that Tellab's only had a couple of year's left worth of good growth( a fear coming from Ciena aborted merger) and this alone could add 10 to 20 to the PE number that the trade attaches to Tellab's.
I expect that you will see a 2 for 1 stock split in the next 3 months. Before Ciena's year, Tellab's had a stock split each year for 4-5 year's.
I don't expect that mgt. will try to acquire a data packet co. as Mike says they need in annual report, but that they will try to make an strategical alliance with the co. or cos. that have the needed technology.
Remember that Mike is honest,very conservative and as been burnt badly by Ciena fiasco.
I further expect Tellab's to have earnings suprises over the street estimates, with the actual net earnings in 1999, being somewhere north of $2.58/share. Now at a PE of say 48, that could mean a target in 1999 of $124.
Good Hunting
DAVE DICKERSON



To: Rafael Silva who wrote (5182)4/2/1999 11:04:00 AM
From: Rafael Silva  Read Replies (1) | Respond to of 7342
 
We are working on an optical terminating system that we expect will go
into field trial some time this summer. We haven't said a lot more than
that about the product yet. stay tuned.

-----Original Message-----
From: r.silva [SMTP:r.silva@codetel.net.do]
Sent: Wednesday, March 31, 1999 12:33 PM
To: Scottino, Tom
Cc: r.silva
Subject: Just a question:

Will Tellabs announce an Optical Network product soon?
Is Tellabs working on that? Appreciate your response. Thanks in
advance.
<< File: Just a question_.TXT >> << File: Just a que