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Technology Stocks : Lucent Technologies (LU)

LU 2.730

-0.5%

Nov 13 3:59 PM EST

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To: Mr.Fun who wrote (11057)	11/11/1999 10:41:00 PM
From: hitesh puri	Read Replies (3) of 21876

Cisco's shareholder meeting yesterday was also a "Rah Rah" meeting. Compared to the ones I have been to like Ascend and 3Com this one was so basic. The reason might be that 75% of the attendees were between the late 40's or early 60's. Someone actually asked as to why they never talk about their product strategy or new product lines as compared to other companies. A PE of 60+ for NT also had me perplexed. Cant figure out who was buying in the 70's and with what target in mind. -Hitesh

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