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Technology Stocks : Lucent Technologies (LU)
LU 2.570-3.0%3:59 PM EST

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To: Techplayer who wrote (9969)10/12/1999 4:03:00 PM
From: Kenneth E. Phillipps  Read Replies (1) of 21876
 
Brian - The reports I am getting indicate a blowout quarter for NT. Their employees say they have never seen it so busy.
The market seems to think they are headed towards a terrific quarter. I do not have as much knowledge about LU. Mr. Fun seems to think they will do .30 and that is probably conservative. I do think LU is probably having trouble integrating Ascend and Nexabit just as NT has experienced problems with integrating Bay. I would be more optomistic about LU if I had seen more large contract announcements. Of course, all of this is just speculation on my part.

Ken
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