Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.560

-0.4%

Nov 18 3:59 PM EST

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To: ftmp who wrote (4999)	11/20/1998 1:59:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 21876

Texas Instruments Inc. (TXN) 75 13/16 -1 5/16: ABN Amro analyst David Wu downgrades semiconductor and digital signal processing solutions supplier from "buy" to "hold" based on valuation..... Lucent Technologies Inc. (LU) 85 15/16 -2 1/16: share of telecommunications equipment maker are trading lower today on rumors that company might pre-announce an earnings shortfall for the December period; while some Wall Street firms believe everything is fine with LU's fiscal Q1 performance, some suspect that LU could pre-announce a shortfall as early as this afternoon; investors should keep in mind that the quarter is back-end loaded and that LU can easily make-up any shortfall in the last two weeks of the period; nonetheless, concerns over earnings are putting pressure on the stock today; according to Zacks, LU is projected to earn $0.96 a share.....

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