Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.660

-1.5%

Dec 12 9:30 AM EST

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To: Anonymous who wrote (20131)	5/25/2002 9:09:58 AM
From: sylvester80	of 21876

There is a good possibility that LU will close in the low $5s before the spinoff. That will give us about a 4-4.5 target range for after the spinoff and I doubt we stay there long enough. I think Lucent will move into the $5s on its own shortly after the spinoff. Also don't forget that $616 million are going straight to the bottom line this quarter from the tax refund. That's 18c/share. I know it's a one time event (actually a two time event since it also happened last quarter), but a profitable quarter never the less, even using a tax refund, could have a nice psychological affect on the street. On the issue of Agere, I like its prospects going forward very much so. So for me its a keeper. Agere is not Avaya. Agere could easily grow 30+% going forward. JMHO and the above assumes no major international geopolitical blow up. BTW, Agere was upgraded to a buy Thursday.

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