Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.890

+10.3%

Feb 6 9:30 AM EST

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To: William Hunt who wrote (2064)	4/7/1998 3:00:00 PM
From: Dakota Sullivan	Read Replies (3) of 21876

Joe is no analyst and never was. He was a retail broker, now he's a reporter. Current valuation takes into account LU's dominance of emerging technologies via Bell Labs, leadership in existing technologies, global service and financial clout. For example, LU can fully finance a WDM deal for a client while Ciena can't. This is real value. $65 might be a little rich (60x forward earnings), but it's no worse than MSFT or PSFT with kindred growth potential. Dakota Sullivan

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