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Technology Stocks : Lucent Technologies (LU)
LU 2.575-2.1%3:59 PM EST
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To: The Phoenix who wrote (9665)9/24/1999 6:15:00 PM
From: Bindusagar Reddy  Read Replies (2) of 21876
 
Yes, a lot of Y/Y growth. Overall telecom equipment spending growth is 18-20% over the next 5 years. That is amazing, considering its size already at 350-400 billions. Even LU has only 10% market share. Obviously that includes wireline, wireless, optical, and more.

What do you think market will do next week? Fundamentals are great with strong economy, low inflation, relatively benign interest rates, strong earnings especially in Tech leaders like MSFT, CISCO, LU, DELL,EMC, IBM etc.

Can we say irrational fear? Opportunity for buyers?

BR
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