Oral argument for Tellabs, Inc. v. Makor Issues & Rights, Ltd. (Docket 06-484) is scheduled for March 28, 2007. The issue before the Court is: To what extent, if any, must the court consider or weigh competing inferences in determining whether complaint asserting claim of securities fraud has alleged facts sufficient to establish "strong inference" that defendant acted with scienter, as required under PSLRA?