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Tellabs, Inc. Message Board

sunlitey 1 post  |  Last Activity: Oct 16, 2014 8:42 PM Member since: May 23, 2000
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  • From earning report:
    Cash and marketable securities: $276.8 million as of September 28, 2014

    From Yahoo: net cash before 2Q= 250 million.

    2Q generated 26.8 million. If this trend continue, QLGC may generate $100 million cash each. So the announced $100 million share buy back over next 18 months seems not from the current net cash of 276.8 million. QLGC looks like a cash cow for all long side investor!

    Look to me QLGC will trade back above $15 in next 2 years..(after 100M buy back..

2.440.0000(0.00%)Dec 3 4:00 PMEST

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