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Technology Stocks : Lucent Technologies (LU)
LU 2.555+2.2%Nov 25 3:59 PM EST

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To: Boplicity who wrote (1059)12/4/1997 8:30:00 AM
From: chirodoc  Read Replies (1) of 21876
 
<<<<<Ericsson Wednesday said another 10,000 jobs will be eliminated

.......actually that is bullish for ericsson--cost cutting in a scandinavian firm (socialist gov.) means they want to stay competitive

.......i hear that the two big telecom equip firms for infrastructure are ericsson and lucent with cisco nipping at their heels.

......the big rush is to internet telephony--these three should all do well--but the big winner is hard to pick right now. lu and eric have the teleco background, but cisco has an awesome lead in internet backbone.

......what do you think? who will dominate? csco?, lu? ericy?
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