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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First stock with CAPS so I'm not going to go all out here. It will suffice to say that TLAB of all the teleco equipment providers has itself in a nice position. I can't say enough about no debt, and as a Fool should like the management is behind the stock with a good buyback program. It will have its ups and downs with the rest of the telecoms but eventually I expect TLAB to differentiate itself from the rest as a steady reliable company with good prospects on the cutting edge of the technology it sells.
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looks like solid growth
Recs
Recent cautious guidance by management was rewarded by the market with a pummeling. Management was being responsible saying they anticipate a return to normal with high growth rates for their products by fourth quarter but because of customer activity (merger), the next quarter may be soft. Management is continuing to act responsibly and the market over-reacted negatively.
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