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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: Techplayer who wrote (9229)	8/19/1999 11:22:00 AM
From: Zoltan!	of 21876

>>One thing sticks out from the CSCO CC. If Chambers was so sure that INS was unimportant to CSCO, he would not have spent so much time saying just that. It sounded very much like a child saying "i didn't want it anyway" after his/her parent said you can't have it. (and yes Z, I know that he claims to have said he didn't want it.) Your emotions blind you. If you listened to the call you would have known that the time Chamber spent on INS was short and in response to queries. Your implications are conjectural and empirically unfounded, I haven't heard INS or anyone else dispute Chambers on his reasons for rejecting INS. As for your INS analysis, you are overlooking the huge overhead LU acquired. That is the kind of future drag Cisco wouldn't buy.

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