Based on the last two earnings conference calls, I think TLAB bottomed and is ready for the move upward to the $3 to $4 range. The company did major cost cutting and revenue has stabilized and is going to increase as mentioned by the new CEO.
I strongly believe that TLAB should be trading in the $3 to $4 range or even higher than $4. It is now trading close to its cash value and its real estate. No value for technology which is absurd!!! I bought TLAB because I believe it is going higher in the second half of 2013.