Zoltan!, will you please explain your assertion that Lucent Technologies is a pretender. Your statement baffles me. Surely you do not think statements such as though will affect the stock. <ggg>
LU and Cisco are both excellent companies. Cisco has better margins. LU r&d has provided the world with exceptional products for a long time.
Your statement normally is reserved for the penny stock threads. <s>
To help you I am providing some profile information.
Cisco Systems provides networking solutions that connect computing devices and computer networks, allowing people to access or transfer information without regard to differences in time, place, or type of computer system. For the 39 weeks ended 5/1/99, net sales rose 41% to $8.56B. Net income rose 69% to $1.45B. Revenues benefitted from higher unit sales of LAN switching products. Earnings also benefitted from higher interest and other income.
Sector: Technology
Industry: Computer Networks
Cisco Systems, Inc.
Employees: 15,000
Lucent Technologies Inc.
Employees: 141,600
LU designs, develops, manufactures and services systems and software which enable network operators and other service providers to provide wireline and wireless access, local, long distance and international voice, data and video services and cable service. For the 6 months ended 3/99, revenues rose 17% to $17.48B. Net income beforeaccounting change totalled $1.87B, up from $854M. Results reflect higher sales of Systems for Network Operators.
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