Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.820

0.0%

Nov 7 3:59 PM EST

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To: davidtrx who wrote (21621)	7/30/2004 3:19:10 PM
From: David Hansen	Read Replies (1) of 21876

$3.50 target: forbes.com $6.00 target: thestreet.com The weakness I see is that LU is trading around 22 times 2005 estimates. Too high a multiple for their history. They need to raise 2005 estimates and get rid of the history. I think both will happen.

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