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Technology Stocks : Lucent Technologies (LU)
LU 2.415+1.9%3:59 PM EST

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To: Bobby G. who wrote (3671)8/17/1998 12:08:00 PM
From: hitesh puri  Read Replies (2) of 21876
 
These after the fact reports is what makes these guys look like perfect idiots. I have yet to see a similar report that adds any value to an investors thinking. On one side they are stating that Cisco has a PSR of 12 because their growth rate is 30% but LU has a growth rate of 22% but trades at a PSR of less than 4 and thats expensive ? Since #2 players in their respective fields (COMS and NT) trade at 2 PSR ?
Doesnt that look odd to anyone that they are not casting a cautious view on CSCO whose overvaluation just stands out within this comparison ?
I am long Cisco but sometimes such reports just make me wonder on the reporters agenda and whether the report is just a job justification or has a valid point ?

-hitesh
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