C-Cube Message Board - Msg: 12489507

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Technology Stocks : C-Cube

CUBE 36.62

-0.1%

Nov 14 9:30 AM EST

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To: Peter V who wrote (48112)	1/6/2000 5:03:00 PM
From: BillyG	Read Replies (2) of 50808

Lucent -- Definition of untimely: 1. Today Lehman raised its price target for LU: Message 12488763 2. After the close LU preannounced a big earnings shortfall: biz.yahoo.com Question 1: Does the analyst still have his job? Question 2: Is this excerpt from the LU announcement good for HLIT? The company attributed the lower than expected revenue and earnings for the first fiscal quarter to several factors, including: -- Faster than anticipated shifts in customers' purchases to Lucent's newest 80-channel DWDM optical product line and greater than expected demand for OC-192 capability on the 80-channel systems, which resulted in near-term manufacturing capacity and deployment constraints;

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