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Technology Stocks : Lucent Technologies (LU)
LU 2.560-1.7%Feb 3 3:59 PM EST

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To: OldAIMGuy who wrote (15833)8/25/2000 9:37:47 AM
From: Georgeb  Read Replies (2) of 21876
 
Tom,

I thought LU had bottomed out at $50 a few months ago, so its hard to say. If they are still hiding problems and actually show a loss in the next 2 quarters then LU might be valued like T, and that is another long slide down. Pray that the new CFO has truly taken control.

Some data points: LU is currently valued at 1/4 of NT. LU has twice the earnings per share, and half the stock price.

Regarding the spinoff next month:
I found out yesterday that NT's enterprise unit had only 5% growth last year compared to LUs 10%. That is the Avaya business. It will be interesting to see how that is priced next month in the stock dividend we should all get of Avaya stock.
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