Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.370

-2.5%

Nov 20 3:59 PM EST

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To: Lee Lichterman III who wrote (3636)	8/14/1998 12:34:00 AM
From: BOGEY	Read Replies (2) of 21876

- Lehman starts LU with neutral rating Summary: NEW YORK, Aug 13 (Reuters) - Lehman Brothers Thursday initiated coverage of 11 telecommunications equipment companies, citing Tellabs Inc. (NASDAQ:TLAB), RELTEC Corp. (NYSE:RLT) and Advanced Fibre Communications Inc. (NASDAQ:AFCI) as favorite stocks. All of the companies were given buy or outperform ratings, except Lucent Technologies Inc. (NYSE:LU) and PairGain Technologies Inc. (NASDAQ:PAIR), which were labeled neutral. "By almost any measure, the financial performance of the telecommunications equipment companies has been and continues to be stellar," analyst Steven Levy said in his research report.

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