Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.650

-2.9%

Nov 14 3:59 PM EST

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To: puborectalis who wrote (9497)	9/11/1999 10:59:00 AM
From: polarisnh	Read Replies (1) of 21876

Stephen, Boy, this guy really went out on the limb with a 12 month target of $75 on Lucent! (NOT!) Christ, the stock was only at $79 about 1 1/2 months ago! I think that once we have another quarter with Ascend's earnings plugged into Lucent's numbers there will be some more upward revisions. Lucent buying Ascend was one of the best acquisitions in telecom this year. Now if they don't do something stupid, like buy 3Com, they should sail along. Of course, I wouldn't mind seeing them acquire Cabletron. That might prompt me to buy even more LU! Cheers, Steve

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