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Technology Stocks : Lucent Technologies (LU)

LU 2.415

+1.9%

Nov 21 9:30 AM EST

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To: Terror who wrote (5263)	12/22/1998 11:42:00 AM
From: Trevor Quest	Read Replies (1) of 21876

Salomon Smith Barney raised one year target to $135. This is up from $100. To summarize a few points from the report on Bloomberg, increased price target reflects continued strong fundementals and market conditions. Insatiable demand for bandwidth on wireline & wireless networks as well as voice and data is a key driver.

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