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Technology Stocks : Lucent Technologies (LU)

LU 2.500

-0.8%

Nov 28 9:30 AM EST

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To: David Hansen who wrote (21083)	11/26/2002 8:04:01 AM
From: John Carragher	of 21876

LU was up yesterday based on this rumor of buy out. Certainly, most of the people that Unstrung talked to at the event seemed to think that an acquisition would be the only way for Ericsson to achieve its dream of becoming a major force in CDMA. Phil Marshall, program manager of mobile and wireless technologies at Yankee Group reckons he knows what company Ericsson should buy if it does go that route. "Lucent Technologies Inc. would be the most appropriate choice," he says. "They would give most bang for the buck in America." Earlier, Ericsson's Ruiz, had told the conference that North America is Ericsson's largest single market, representing 15 percent of its sales.

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