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Technology Stocks : Lucent Technologies (LU)

LU 2.565

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10:54 AM EST

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To: Mr.Fun who wrote (10201)	10/18/1999 5:39:00 PM
From: The Phoenix	Read Replies (1) of 21876

Hitesh had an ealier post which suggested that 5ess switch sales would be below expectation. furthermore LU is bargaining with the 5E providing long lease terms in order to delay the market. We've had this discussion before and you suggested that I was wrong and that internaional sales were well over target. we'll know better when the quarter is up but if this bread and butter product is suffering on revenues or margins due to incentives then it's going to get rough. What did I say a quarter ago - transition issues. 7R/E is a delay tactic - not a migration path. OG

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