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Technology Stocks : Moderated Lucent
LU 2.675-1.3%Jan 23 3:59 PM EST

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To: KevRupert who wrote (58)8/30/2000 2:44:21 PM
From: KevRupert   of 82
 
Morning Comments from SG Cowen:

8/30/00

Source: News.com

URL: cnetinvestor.com

San Francisco, CA, August 30, 2000, 9:00 PST


Data Networking

NFOEC highlights. Strong Buy Nortel, which leads in optical (43% share), demonstrated its leadership by presenting the most products and customer trials. Strong Buy Cisco announced the final piece of its optical portfolio (metro DWDM), and customer trials; stands to gain customers and share. Buy-rated Lucent had few new product introductions; still in transition & facing challenge of gaining customers & mkt share. Start-ups are introducing new products and could pose a threat to mkt leaders. Key product themes were intelligent services, metro optical, optical cross-connects, and “any gigabit” Ethernet. NT $81/CSCO $67/LU $44
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