Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.515

-0.2%

11:03 AM EST

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To: Ben Antanaitis who wrote (4668)	10/14/1998 1:25:00 PM
From: Capitalist	Read Replies (1) of 21876

From briefing.com: Lucent Technologies Inc. (LU) 67 13/16 +3 3/8: CIBC Oppenheimer initiates coverage of telecommunications equipment maker with "buy" and a price target of $75; provides relatively high visibility in revenue and earnings per share growth due to long term contract commitments, product line breadth and significant operating leverage; expects gross margin to decline, however, due to aggressive pricing in the industry and company's focus on gaining market share; stock deserves premium valuation relative to the market based on expanding market, outlook for above average revenue and earnings growth visibility.....

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