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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 (1170)12/18/1997 2:31:00 AM
From: Capitalist  Read Replies (1) of 21876
 
TO ALL: LU REGARDING ASIA CRISIS

U.S. telecommunications companies are expected to face minimal near-term problems due to the weakness in Asia, even those involved in providing equipment for building out Asia's telecoms infrastructure.

Lucent Technologies Inc. (NYSE:LU - news) may face a slightly greater risk than its networking competitors because its microelectronics business could run into the same difficulties as semiconductor companies, analysts said.

The microelectronics unit, however, represented only about 10 percent of Lucent's fiscal 1997 annual revenues of $26.36 billion. Lucent said it does not see the crisis having any significant effect on its financial results.

Good Article:

biz.yahoo.com

Serry Habash
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