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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here
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To: Stephen B. Temple who wrote (2196)10/22/1998 7:56:00 AM
From: MikeM54321  Read Replies (2) of 12823
 
Re: Lucent Comments

Thread,
Interesting comments from Lucent's CEO at a conference yesterday. I didn't realize the telecom equipment market was so large.

"McGinn called his No. 1 competitor, Cisco, "the best selling machine in the industry today." Asked if there was room for both companies, he said, "This business will be $650 billion by 2001. We are the largest in the world, and we only have 7 percent of the total market. There's room for everyone. If we do our job, we'll be among the leaders."

MikeM(From Florida)
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