Tellabs, Inc. (NASDAQ:TLAB)

CAPS Rating: 3 out of 5

The Company designs and markets equipment to telecommunications service providers worldwide. It also provides deployment and professional services to support its products.

Recs

1
Player Avatar GunnarVagotis (96.71) Submitted: 2/3/2011 2:51:14 PM : Outperform Start Price: $2.81 TLAB Score: -48.83

Calling bottom here. And, for the record, I am not a big fan of Tellabs. However, I do believe the recent action is an overreaction, and there is an off chance that the world wakes up and realizes it's time to switch to IPv6. In that case, jubilee.

Member Avatar TSIF (99.96) Submitted: 2/4/2011 4:23:38 PM
Recs: 0

Agreeing with your bottom call and the chance of a longer term, but unlikely surprise. With the massive selling a new bottom is pretty solid.

Which makes this one a buy and watch as I did today. Good luck.

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