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Technology Stocks : Lucent Technologies (LU)
LU 2.670-0.2%3:59 PM EST

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To: Robert T. Quasius who wrote (20176)5/31/2002 4:27:27 PM
From: sylvester80  Read Replies (1) of 21876
 
If you take book value into account for both Nortel and Lucent, Lucent is trading at a 50% discount to Nortel (ex Agere). And Nortel continues to post sequential decline in sales. IMO, Lucent will continue to outperform Nortel. BTW, on just P/S Nortel is trading at 0.65x sales and Lucent at 0.85x sales. However Nortel's sales continue to decline. So as you can see Lucent is quite the bargain down here.

JMHO.
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