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Technology Stocks : Lucent Technologies (LU)
LU 2.520-1.4%Nov 26 3:59 PM EST
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To: Mark Palmberg who wrote (7523)4/22/1999 3:10:00 PM
From: KYA27  Read Replies (1) of 21876
 
Strong top line growth, strong
improvement in margins...revenues were higher than what anyone was
expecting,'' said Sanford
Bernstein analyst Paul Sagawa.

Shares of Lucent, the second most widely held stock behind AT&T, were up
$3.56, or more than
6 percent, to $62 in late afternoon trading on the New York Stock Exchange.

''International growth was notable in the quarter. Enterprise (or sales to
corporations) was not
as bad as people expected and the operator business was on fire,'' said
PaineWebber analyst
Walter Piecyk.
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