Tellabs, Inc. (NASDAQ:TLAB)
The Company designs and markets equipment to telecommunications service providers worldwide. It also provides deployment and professional services to support its products.
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Vz optical spend has been shifted to Fuji and cien. Tlab may be "capped". No new systems, just adds to existing systems.
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On a very strong support based on technical indicators
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Trading just above tangible book. Great balance sheet.
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cuz i saidd so
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Solid company flush with cash. Hold for the long-term and be rewarded.
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Products all the major telecoms need
priced right
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Business venture with AT & T
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Hang in there...
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We Need This, It's 2011
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Another to put on the long watchlist
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Overreaction that will stabilize from here. IPv6 will eventually gain popularity. At which point quarterly forecasts won't be so bleak.
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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.
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Tlab has over a billion dollars in cash. It operates conservatively and is well capitalized for changes in the product it sells. It continues to grow revenue, and the market reaction to shifts in vendors is grossly overrated. It is a wise buy right now.
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could get as cheap as $3.10
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Over-reaction sell-off after below expectations results.
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Oversold after earning fell short.
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