Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.755

-2.5%

10:47 AM EST

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To: Sawtooth who wrote (5586)	1/17/1999 3:23:00 PM
From: Digitom	Read Replies (1) of 21876

Tim, LU has a PE of approximately 52 times projected '99 earnings-- useing to StockSelector's figures. It does look a little scary when looking at trailing earnings. It really helps to be a reletivist when looking at today's market, however, LU is being rewarded with a high valuation because it has not disappointed in the past. In digitom's depraved opinion, this merger will really test this companies ability to grow and absorb it's market.

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