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Technology Stocks : Lucent Technologies (LU)
LU 2.515+1.0%2:01 PM EST
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To: Mr.Fun who wrote (14563)4/27/2000 6:13:00 PM
From: zbyslaw owczarczyk  Read Replies (3) of 21876
 
Mr.Fun 3. Now lets consider LU's quarter. 18% YoY growth vs. a year ago quarter where growth was 35%. This is known as "a
difficult compare". To borrow a disingenuous trick from the bear side, let's subtract the "$800M in deferred revenue that was
supposed to have appeared in December 98". That gives us 31% YoY growth for the quarter.


In Q1,1999 ASND was not part of LU. So if you look at LU business without ASND it grew much, much less then 18% YoY.
Please explain, if I am missing something

Regards
Zbyslaw
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