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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: Haim R. Branisteanu who wrote (6339)2/20/1999 7:20:00 PM
From: The Phoenix  Read Replies (1) of 21876
 
Haim,

I think what you're saying is that NT, LU, and CSCO are overpriced... right? You can't honestly believe that CSCO is a maina stock akin to YHOO or EBAY??? Can you???? CSCO is in a market where there are distinct barriers to entry, they have signficant market share in a varity of segements (edge routers, core routers, lan switches, RAS/RAC, ATM, etc. etc..) and they are inventing new techologies for new markets daily....just like LU and NT. I agree that these stocks are overpriced based on the speculative nature of this market, but they are definitely not anything like YHOO or EBAY.... Simply compare the respective PE's....

OG
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