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Technology Stocks : Lucent Technologies (LU)
LU 2.670-1.5%Jan 23 9:30 AM EST

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To: ed who wrote (6352)2/21/1999 6:10:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 21876
 
<<You are right, but that is still long way to go, maybe 30 years later we will see a similar product from Russia in the world market, which is similar to Lu's product of today. But at that time, LU will have more advanced products.>>>

Please do not feed yourself just hopes remember Sputnic and Gagarin?? and why has LU partnered with a Russian company at a time that they may not be even paid for the products they will sell there. remember who had a stronghold on TV - RCA of USA

China was a peasent state only short 25 years ago and now just go and visit. Same for India, SUNW, CA MOT, HWP and the list is long develop very advanced products there

Yep they said so about Japan, S.Korea etc. In the mean time no TV set is manufactured in the US TBOMK and the auto industry launched a war against the East.

In the mean time most engineering schools are filed with overseas students and not Americans. same will apply to M.Sc. and PhD in electrical engineering.

Should I bring up memory chips??, Stereo Systems, Cellular phones?? just chose one mass market product. CAT and DE got hurt even if in a leading position in their field they trade a lower P/E.

LU is high as a result of so many people thinking it will go to the moon courtesy of Snake oil sellers on WS. BTW what is wrong with NT?

I do not mind to trade LU up or down as long I make money on it.

BWDIK
Haim
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