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Technology Stocks : Lucent Technologies (LU)
LU 2.645+0.8%Dec 8 3:59 PM EST

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To: MMW who wrote (8718)7/21/1999 1:16:00 AM
From: Techplayer   of 21876
 
MMW,

LU did not warn on the 4th quarter of 99, but rather the usually excessive first quarter earnings ending in December. LU is not slowing down nor is there any indication that management would misguide investors. LU expects, says and therefore will exceed earnings estimates by 5-7 cents, yielding 1.53-1.55 next year. I also expect that since LU typically beats by at least 2 cents per quarter, that this number will better 1.60 per share. Imo, LU is flattening earnings over the 4 quarters.

The Frontier deal specifically says that LU is building the network to be ready for all VOIP by 2002. The other deal mentioned is in Spain, I believe. It was announced as about a $200 million deal over 3 years or so.

I believe that you need to be accurate if you are to post information.

What are you betting on? What other company of this magnitude and global reach grows earnings at 30% year over year?

MSFT claims to be expecting growth at 14%, expects earnings of 1.54 per share, yet trades in the 90's...go figure.

Brian
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