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Technology Stocks : Lucent Technologies (LU)

LU 2.620

-0.9%

1:52 PM EST

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To: Techplayer who wrote (10081)	10/17/1999 1:40:00 AM
From: MMW	Read Replies (1) of 21876

Brian, Yes LU did exit from JNPR investment along with NN in JNPR SPO. So far NT, LU, and NN are sold out their stake in JNPR. The reason I think CSCO is a cause is the fact that CSCO is the one started these aggressive acquisition strategies. Now everyone follows the suit. LU paid 900 mil for Nextbit with no revenue at the time only a hardware story. Later Nextbit has sent a couple of its systems to Frontier for testing. So far we haven't heard any deployment. As far as I can tell, all they got was a hardware story, namely 6.4 teribit router. No one knows how it stacks up against competition in terms of performance, reliability and compatibility. And we all know they did not participating in any of those independent tests. Since BR has such a high hype on it, why not we wait until this time next year, then we can make better judgement on it.

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