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Technology Stocks : Lucent Technologies (LU)

LU 2.650

+0.4%

Dec 26 9:30 AM EST

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To: The Phoenix who wrote (8111)	6/11/1999 9:35:00 AM
From: Mr.Fun	Read Replies (1) of 21876

Word on the street is that LU inquired after Juniper about 6 months ago, and was told that Juniper expected a $4 billion valuation from its IPO. $10 billion is a silly number that you have pulled out of the air. LU is taking a wait and see approach - it's early in the next-gen router game, LU will have two different router development teams after the merger. Already, the teams have put in about 4 months of work to refocus those efforts - one toward the edge router market, one to the core. They would love to have the Juniper software, but may decide its not worth the more than $4 billion they might have to pay for it.

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