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Technology Stocks : Lucent Technologies (LU)
LU 2.825-2.2%Nov 11 3:59 PM EST

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To: Mark Palmberg who wrote (5777)1/22/1999 9:47:00 AM
From: Rainy_Day_Woman  Read Replies (1) of 21876
 
<snip>

Lucent, which last week agreed to buy data networking company Ascend Communications Inc. (Nasdaq:ASND - news) in an $18.5 billion deal, also outlined optimistic growth targets for the current fiscal year. It expects earnings per share to increase about 35 percent on revenue growth of 19 to 20 percent, slightly better than Wall Street had expected.

full story

dailynews.yahoo.com

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