Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.710

+0.2%

11:09 AM EST

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To: Ted Downs who wrote (1770)	3/26/1998 8:38:00 PM
From: Thomas Klein	Read Replies (3) of 21876

Lucent is relatively inexpensive at $125. At $120/share, the trailing (1997) P/E was 44, 1998 fiscal year was 38, and 1999 fiscal was 37.6. The estimated growth rates for 1998 and 1999 are 20%. IMHO, these numbers are more conservative than Rush Limbaugh. Microsoft has a P/E multiple in the 50's. Almost everyone agrees that Lucent is making all the right moves: biz.yahoo.com I was a buyer at $77. I didn't know just how great the story was. I'm a buyer at $125. I'm buying at this price because of the products and technologies Lucent has today and for what they will invent tomorrow. With a blowout quarter to be announced on April 17 and a mega acquisition/merger this summer...I know it sounds to good to be true... IMHO, it's price will reach $150 plus ($75 split adjusted) by middle of May. This stock is one hot tamale. The trend is your friend, don't buck the trend. TK

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