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

To: sydney who wrote (5579)	5/20/1999 8:12:00 PM
From: BI*RI	Read Replies (3) \| Respond to of 7342

Anyone see this???? Cramer reporting rumors that Cisco looking to buy TLAB?? (The post is from the CPWR Board) To: +John Finley (805 ) From: +ArtsCool Thursday, May 20 1999 7:12PM ET Reply # of 806 Here is the article from James J. Cramer, CPWR rumors+: When Lightning Strikes By James J. Cramer OF THE STREET.COM thestreet.com 5/19/99 2:15 PM ET This takeover activity feels as heated as I can ever recall. In fact, we have stocks reacting to bids that haven't even occurred yet. IBM (IBM:NYSE) swoons on a rumor that it will buy Compuware (CPWR:Nasdaq). Sun Micro (SUNW:Nasdaq) gets killed on a Computer Sciences (CSC:NYSE) riff. Cisco (CSCO:Nasdaq) gets hit on speculation it is after Tellabs (TLAB:Nasdaq). Next thing you know I will have to sell my Lucent (LU:NYSE) because of the potential power of a Cisco-Tellabs combination! And who can blame people? Lately, almost every rumor is true. We just sold our Outdoor Systems (OSI:NYSE) the other day, and CNBC just mentioned a potential bid from Infinity (INF:NYSE). I guess our sale alone means that's happening. Raychem (RYC:NYSE) puts itself up for sale and, boom, lightning strikes. I hesitate to think about what will happen with Champion now that it got rumored. Washington Mutual says it probably won't make any more acquisitions and yet it makes one. For me, this takeover business causes more grief than happiness. I can't game it. I can't just go buy stuff that may not work without a takeover bid. It is a stressful sideshow unless -- or until -- it strikes here. So far, it hasn't struck. But, for what it is worth, we recently sold our Newbridge (NN:NYSE) and our Praxair (PX:NYSE). So, at least you can have a sense what would throw us over the edge if lightning were to strike again.