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Technology Stocks : Lucent Technologies (LU)
LU 2.615+1.4%Dec 18 3:59 PM EST
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To: JRH who wrote (3014)7/12/1998 11:43:00 PM
From: J. P.  Read Replies (1) of 21876
 
<With next years estimate, CSCO is trading at a forward PE of about 42 and LU at 44. >

thank you. I'm tired of the old PE saw, and even of professionals
going on CNBC and saying LU's PE is too high. It's the forward
PE we're concerned about if we care about PE at all.

I personally care more about top line growth, EPS and margins.
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