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


To: sydney who wrote (5254)4/6/1999 5:59:00 PM
From: Doughboy  Read Replies (2) | Respond to of 7342
 
Tellabs is really running right now. I think we're getting into rarified air. What do people think about selling some shares somewhere around 110-112 and buying back when it retraces to the 80s? I'm a bit worried about doing it because Tellabs will almost certainly blow away the earnings for this quarter (report 4/14 after the close), and I may lose another 10-15 points of upside. But I think some caution is warranted too. Remember, Birck thought the market was irrationally exuberant when TLAB hit the mid-80s a few months ago; what must he be thinking now?

Doughboy.