Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.430

-5.1%

Nov 19 3:59 PM EST

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To: ftmp who wrote (4999)	11/23/1998 2:04:00 AM
From: Wigglesworth	Read Replies (1) of 21876

RUMOURS: Not Again Uncomfortable!! Merrill Lynch's report on 11/20: Investment Highlights: · We continue to expect the December quarter to be backend loaded, which is consistent with the normal seasonal pattern. · Recent contract awards (specifically, wireless infrastructure contracts in Brazil) provide us additional confidence that the company is on track to deliver consensus earnings in the December quarter. · Contrary to current speculation, the company has informed us that it is not planning a conference call this afternoon to announce layoffs or any restructuring activities.

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