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Technology Stocks : Lucent Technologies (LU)

LU 2.820

0.0%

Nov 7 9:30 AM EST

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To: sylvester80 who wrote (16550)	10/5/2000 9:00:39 AM
From: Galirayo	Read Replies (2) of 21876

Let's see if it makes LU Jump ... Sanyo, Lucent eye U.S. 3G wireless Sanyo Electric shares rise 4 percent on tie-up news By Mariko Ando, CBS.MarketWatch.com Last Update: 5:47 AM ET Oct 5, 2000 NewsWatch Latest headlines TOKYO (CBSMW) -- Sanyo Electric Co. and Lucent Technologies announced Thursday that they are teaming up to develop third-generation (3G) cellular phones for the U.S. market. Shares of Sanyo Electric jumped over 4.0 percent in Tokyo in reaction to the news that Lucent (LU: news, msgs) has formed an alliance with Sanyo Fisher, a division of Sanyo's (SANYY: news, msgs) U.S. subsidiary, to develop third-generation (3G) cellular phone systems compatible with the CDMA2000-1x telecommunications standard for the U.S. market. cbs.marketwatch.com

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