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Technology Stocks : Nortel Networks (NT)

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To: Bosco who wrote (2301)3/26/1999 9:30:00 AM
From: bill c.  Read Replies (1) of 14638
 
Bosco, That wasn't a Lucent news release. Lucent will not comment on that possible contract win with AT&T.

news.com

Lucent may catch $1 billion AT&T contract

Lucent Technologies, the world's largest maker of phone-equipment, is likely to win a contract from AT&T to supply about $1 billion of cellular network equipment, an analyst said.

Lucent, AT&T's former equipment arm, is seen beating out rivals Northern Telecom and Ericsson for the order, Merrill Lynch analyst Joseph Bellace said in a report.

Lucent officials declined to comment, and AT&T was unavailable....
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