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Tellabs, Inc. Message Board

  • tnappi Dec 26, 2012 1:05 PM Flag

    too bad


    Tlab would of been better of if they used the 350M+200M or 550M of cash to buy back stock.
    That would of cost the shorts dearly. with a float of only 346M buy back at around 2.50 They could or reduces float to about 130M shares - this would of tripled the dividend. and eventually the stock price.
    Shorts will probably still push stock lower my guess is around the 1.5 range the co will use the 200 M
    to buy back half the stock.

    Sentiment: Strong Buy

    This topic is deleted.
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