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Technology Stocks : FORE Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Nicholas Rauch who wrote (12082)4/22/1999 11:55:00 AM
From: Rich  Respond to of 12559
 
I am with TLAB. Don't think they can hit the below lofty numbers without an acquisition...hopeful thinking it is FORE

Tellabs set a 2-for-1 stock split Wednesday and said it plans to triple its annual sales to $6 billion by 2003.

Tellabs shares closed up 5 to 102 9/16 ahead of the announcement.

Tellabs said the stock split would be distributed on May 17 to holders of record on May 3.

The revenue proclamation comes one week after it easily topped analysts' estimates in its first quarter on sales of $469.6 million.