Lucent Technologies (LU) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Lucent Technologies (LU)

LU 2.825

-2.2%

11:56 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Smart Investor who wrote (5701)	1/21/1999 12:47:00 PM
From: Zoltan!	Read Replies (1) of 21876

Bob Zucarro, founder of the top performing Grand Prix fund was just on CNBC and was asked why Cisco was one of his top five picks for 1999. Zucarro stated that LU's purchase of Ascend secures Cisco's top position in networking. As for LU being cheap, it's not. LU has inflated earnings with the pension profits and controversial use of one time charges, rather than amortizing good will, which would depress future earnings. When that is taken into account, LU's p/e is much higher than people realize, certainly too much for a company growing so much slower than Cisco. Get the latest DLJ report. They specifically address the Cisco/Lu issue and they report with great confidence that Cisco is a vastly superior company, with only Microsoft as a Cisco peer.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next