Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.620

+2.7%

1:04 PM EST

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To: Haim R. Branisteanu who wrote (9020)	8/4/1999 10:04:00 PM
From: polarisnh	Read Replies (1) of 21876

Haim, I agree that the majority of high-tech companies are a little shady in their earnings reports but that isn't some new revelation now is it? As always everyone must do their own due diligence when buying a stock. Particularly one that trades a high multiples like Lucent but to issue a sell now based upon what I have read from their earnings reports isn't exactly wise in my opinion. We are entering one of the largest periods of carrier upgrades that this world has ever seen and Lucent is one of the premier telecom equipment suppliers in the world. With their last two acquisitions of Nexabit (sp?) and Ascend they have placed themselves at the head of the class, IMHO. Therefore, I will let the market dictate rather they feel that Lucent or anybody else has 'doctored' their numbers. In the mean time I will continue to purchase shares in companies like Lucent who I feel will amply reward me in the next 5 to 10 years with excellent earnings growth. Cheers, Steve

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