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Technology Stocks : Lucent Technologies (LU)

LU 2.370

-2.5%

Nov 20 3:59 PM EST

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To: Mark Duper who wrote (6320)	2/19/1999 6:36:00 PM
From: Digitom	Read Replies (3) of 21876

exerpt from Jim Seymour's column... <<Dell's quarter may also be a warning to pending slowdowns in PC hardware sales, as companies throttle back information-technology capital spending to divert funds to Y2K remediation efforts.>> I see forecasts such as this often these days. However, who is getting this y2k work? The service companies that I follow--KEA,CPWR,CHRZ-- have seen their percentage of revenues derived from y2k diminish from as high as 50% in previous quarters to as low as 10% in the most recent. As low as 7% predicted for next quarter. ~The above percentages are rough figures culled from rough memory~

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