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Technology Stocks : Lucent Technologies (LU)
LU 2.625+2.9%Dec 5 9:30 AM EST

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To: hitesh puri who wrote (9209)8/18/1999 1:16:00 AM
From: Jack Whitley   of 21876
 
<<c) The systems these companies make are not PC boxes where you can snap in a Pentium III, 96 Meg DRAM, 10 Gig drive, 40X CDROM etc. and load Win98.
Their Hardware is complex but is not the gating factor. Its the customization of the software for each customer with respect to their unique network, billing system, maintenance, logging, monitoring etc.
It sounds scary at first look but you have to dig deeper. These points are always raised by Bearish Anal-cysts when they have no other ammunition and always provide a buying opportunity.>>

d) If there are Y2K supply chain issues, it would behoove LU to have inventory on hand.

jww
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