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Technology Stocks : Broadband Wireless Access [WCII, NXLK, WCOM, satellite..]
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To: SteveG who wrote (31)4/15/1999 3:22:00 AM
From: SteveG   of 1860
 
excerpt from a CSFB report today on Lucent:

"...We would highlight the company's Public Carrier Networks (PCN)
division and Microelectronics as the two segments of the
company's business that posted the strongest quarterly
performance. We estimate PCN posted year over year growth
above the corporate average of 30% and that the
Microelectronics business increased at approximately a 12%
rate. For PCN, we believe Lucent's results in wireless
networking systems and optical system products were
particularly strong. As we outlined a week ago, publicly
announced wireless orders jumped 29% year over year during
the company's second fiscal quarter. In addition, the
company's optical business is set to accelerate during
calendar year 1999 based upon a diversification in the
company's customer base, several new product introductions
including Lucent's bandwidth manager system, and the
emergence of significant opportunities in emerging segments
of the market, including transoceanic telecommunications
systems..."
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