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Technology Stocks : Lucent Technologies (LU)
LU 2.725-1.3%3:59 PM EST
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To: Mark Duper who wrote (12106)1/6/2000 4:33:00 PM
From: Diamond Jim   of 21876
 
the results for the quarter,' said Lucent Technologies Chairman and CEO Richard McGinn. ``We still expect our revenues to continue to grow three-to-five percentage points faster than the overall communications networking market,' McGinn said. ``However, given the slow start for the
year, we expect to be in the lower end of that range for fiscal 2000.' Analysts estimate that the overall communications networking market is growing at about 14
percent a year. McGinn said the company expects bottom-line growth of approximately 20 to 25 percent for the fiscal year over last year's earnings per share of
$1.20.
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