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Technology Stocks : Lucent Technologies (LU)

LU 2.825

-2.2%

Nov 11 3:59 PM EST

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To: MDGO who wrote (14657)	5/6/2000 1:20:00 PM
From: Kenneth E. Phillipps	Read Replies (2) of 21876

From Barrons article re Cisco: If Cisco sold at the multiples of its competitors, investors would be shocked. If the market valued $1 of Cisco's earnings the way it values $1 of Nortel's earnings, at a multiple of 100, Cisco stock would be selling for $35 a share. If it could command Lucent's multiple of 46, Cisco's share price would be around $16. Message 13595979

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