ot ot TO all LU fans. From briefing.com
Lucent (LU): designs, builds and delivers a wide range of public and private networks, communications systems, software and microelectronics components. Lucent is the key player in the telecom equipment industry, and with the market focus on increasing bandwidth we expect Lucent to take the place of Intel as the dominate tech company of the next decade. Explosive growth of the soho, Internet, intranet, and telecommuter markets, combined with the worldwide deregulation of the telecom industry, will drive strong top and bottom line growth over the next 3 to 5 years. Company plans to increase R&D spending by nearly 16% in year ahead, thereby keeping it on the front edge of the innovation curve. LU recently unveiled a 400 gigabit per second fiber optic transmission systems (WaveStar OLS 400G) into the telecom equipment market - enough capacity to carry the world's |Internet traffic on one fiber. Much faster than competition. AT&T already announced that it will be first client. WaveStar be available generally in Q4 of 1998. The stock is not cheap at today's (4/21) price, but like other premier tech companies stock will maintain a sizable premium.
Greg--->LU reports in the morning, and in my mind, LU is the New High tech market bell weather after KTEL of course. <gg> |