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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.04

-0.3%

Nov 26 3:59 PM EST

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To: Techplayer who wrote (30290)	12/21/1999 2:35:00 PM
From: Zoltan!	Read Replies (2) of 77400

Brian, I know you are level-headed, so better tell Kazoo to get the digitalis. Tuesday December 21, 1:54 pm Eastern Time RESEARCH ALERT - Lucent Q1 rev growth may be slim NEW YORK, Dec 21 (Reuters) - JP Morgan Securities said on Tuesday it expects Lucent Technologies Inc.'s (NYSE:LU - news) fiscal first-quarter revenue growth to meet its expectations, but the level of growth may be ''relatively unimpressive.''... -- said after adjusting for the shortfall a year ago, the $11.2 billion revenue estimate represents core revenue growth of 6 percent to 8 percent. Said that level of growth is below the 23 percent revenue growth Lucent had the September quarter, and below the estimate of 18 percent to 20 percent growth in fiscal 2000. -- said uncertainty about Lucent's revenues causes it to be cautious at the moment. Recommends investors take an ''overweight'' position in Cisco Systems and Nortel Networks, compared to Lucent, until Lucent's revenue growth outlook becomes more clear. biz.yahoo.com

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