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Technology Stocks : Lucent Technologies (LU)
LU 2.680+4.9%Jan 2 3:59 PM EST
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To: X Y Zebra who wrote (7862)5/12/1999 11:30:00 AM
From: Mark Palmberg  Read Replies (3) of 21876
 
Also from Wired:

A lot of corporate slogans are vaguely nauseating. Lucent's is simply true: "We make the things that make communication work." Not just make them, but also invent them. And if necessary, do the underlying science, too.

Lucent arguably inherited both the brains and much of the manufacturing muscle of its parent, the prebreakup AT&T. Its R&D division is the storied Bell Labs, modern engineering's Valhalla (birthplace of the transistor, for starters) and the kind of place bright young scientists and technology PhDs flock to.

But Lucent is also a monster manufacturer - the leading US maker of telecommunications equipment and software, from telephone systems to switching and transmission gear, from digital signal processors to wireless networks. In other words, the key ingredients for the biggest ongoing infrastructure project ever attempted: wiring the planet.

Lucent's greatest challenge is living up to the creative genius of its researchers. Making a commercial success of big ideas is always hard. But no other company has bigger and better ideas to challenge it.

I'm going to repost this little snippet every time some jackass comes on here saying that Lucent is going down the toilet. I'll sell my LU the day people stop using computers and phones. Of course Lucent will have changed the world by then anyhow....

Mark
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