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Technology Stocks : Lucent Technologies (LU)
LU 2.715+1.1%12:33 PM EST
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To: Pat Hughes who wrote (10045)10/15/1999 6:05:00 PM
From: The Phoenix  Read Replies (3) of 21876
 
Pat,

Mr Fun is a guy (or perhaps a girl...we don't really know) just like us. He will be right sometimes he will be wrong sometimes. In the end we won't know until we see the earnings report so we should all just wait until then. However, and I don't say this with glee, I do recall mentioning back about 2-3 months ago that circuit switch sales would be impacted by emerging technologies and that LU has some transition problems. In order to get through those problems LU is offering long term leases and deals on circuit switches in order to delay the market for new telephony solutions. This may be the first were seeing of that....or.....it could end up being nothing but a blip on the map. Again, the jury should remain out until we see the data.

OG
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