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Technology Stocks : Lucent Technologies (LU)

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To: MRE who started this subject	7/16/2002 7:17:12 PM
From: sylvester80	Read Replies (1) of 21876

briefing.com 16-Jul-02 Lucent (LU) 2.83 +0.14: Following channel checks and conversations with industry sources, Raymond James believes Verizon (VZ 35.05 -0.10) is very close to deploying IP Centrex technology using LU equipment; thinks VZ's initial launch will cover 3-4 major cities and will be rolled out in Q302; maintains Strong Buy rating and price target of $6. Shares are trading up 5.2% on note.

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