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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: Lee Ring who wrote (6905)	3/30/1999 8:51:00 AM
From: Vendit™	Read Replies (1) of 21876

Lucent Technologies to Provide $100 Million in New Power Technology to Sun Microsystems, Ascend, Intel AUSTIN, Texas, March 30 /PRNewswire/ -- Lucent Technologies (NYSE: LU - news) today announced it will provide its industry-leading Titania(TM) power products to Sun Microsystems, Ascend and Intel for their next-generation servers and microprocessors. The combined total of the transactions is valued at approximately $100 million. Titania power products are the industry's smallest, most reliable and flexible power supplies designed by Bell Labs engineers that unleash the full potential of microprocessors and other semiconductor devices. This revolutionary power technology platform can enable higher performance for next-generation communications systems, finally eliminating power as the weak link for the faster, more reliable systems currently on the drawing boards of computer makers. Lucent said it will produce this industry-leading power technology in its new division in Austin, Texas. biz.yahoo.com

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