Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.540

-0.8%

12:37 PM EST

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To: Runner who wrote (20853)	9/19/2002 10:19:00 PM
From: matt dillabough	of 21876

DJ Sanford Bernstein's Sagawa Confident Lucent Will Survive Dow Jones News Service ~ September 19, 2002 ~ 3:58 pm EST NEW YORK (Dow Jones)--Despite Lucent Technologies Inc.'s (LU) stock falling below $1 a share this week, Sanford C. Bernstein analyst Paul Sagawa is confident the company can survive. "Start by looking at the balance sheet that has $5 billion of cash on it," Sagawa said. In addition to a strong balance sheet, the analyst said Lucent will benefit when telecommunications companies have to start spending to replace aging equipment, which should be soon. He said if he had to speculate, General Electric Co. (GE) would be a potential acquirer of Lucent. -Andrew Gelfand; Dow Jones Newswires; 201-938-2007 (END) DOW JONES NEWS 09-19-02 03:58 PM

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