Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.670

-0.4%

3:59 PM EST

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To: qdog who wrote (2153)	4/8/1998 11:19:00 AM
From: JRH	Read Replies (1) of 21876

Earnings aren't that strong to support such a high P/E. Keep in mind that they beat earnings last quarter by 13% and this isn't the first time they have bowled them over, nor the last. Not to say that this justifies a LUdicrous P/E ratio, but the market acts this way sometimes....

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