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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Dolfan who wrote (8390)	6/29/1999 5:13:00 PM
From: William Hunt	Read Replies (1) \| Respond to of 21876

Dolfan -- Just check to reconfirm what you saw ----that is the one of the largest orders I have seen at the close . Would like to know who bought and what the reason for it ? That size usually means something is about to happen ---Interesting BEST WISHES BILL

To: Dolfan who wrote (8390)	6/30/1999 8:42:00 AM
From: KYA27	Read Replies (1) \| Respond to of 21876

Did anyone notice that huge buy of around 1.5 million shares at the close.Here is the reason.................... MCI WorldCom to Trial Next Generation Switching Platforms From Lucent Technologies MURRAY HILL, N.J., June 30 /PRNewswire/ -- MCI WorldCom will trial systems from Lucent Technologies (NYSE: LU - news) designed to enhance the broadband switching technology throughout MCI WorldCom's global network. The trial, set to begin in the third quarter of 1999, is part of MCI WorldCom's continuing initiative to evolve their existing narrowband network into a next-generation broadband network using a multi-service switching platform. Lucent's broadband solution will enable MCI WorldCom to deliver advanced telephony and data services over local, tandem and long-distance networks. The planned trial will include Lucent's recently announced 7 R/E(TM) portfolio along with core Asynchronous Transfer Mode (ATM) switches from recently acquired Ascend Communications. ''Our vision is to build the most flexible, worldwide network using the most advanced ATM and IP technology available,'' said Fred Briggs, chief technology officer, MCI WorldCom. ''Lucent's solutions will help us quickly bring the best in broadband technology to the marketplace.'' The Lucent broadband solution selected for the initial trial will enable carriers like MCI WorldCom to realize the advantages of putting their traditional local, tandem and toll traffic on a broadband ATM infrastructure. This technology platform can be used to evolve efficiently to a network optimized for IP (Internet Protocol). ''Lucent is pleased to continue our work with MCI WorldCom and to help them expand and evolve next-generation networks around the world,'' said Dan Stanzione, executive vice president of Lucent Technologies and president of Lucent's Broadband Networks Group. ''With the comprehensive broadband solutions offered by Lucent -- including the latest packet-based technology developed at Bell Labs -- MCI WorldCom will be able to offer the services their customers need over the most cost-effective, easy-to-operate networks.'' The third quarter trial includes Lucent's new 7R/E Call Feature Server, 7R/E Multimedia Resource Server and 7R/E Packet Gateway products. The 7R/E Call Feature Server unlocks the more than 3,000 features that are available today over circuit switches, such as three-way calling, call waiting and Caller ID, and delivers them over packet networks. Using the 7 R/E Call Feature Server, calls are processed in packet format with the unmatched reliability and voice quality of Lucent's 5ESS® Switch, the foundation of today's public network. The trial also includes the GX 550(TM) ''Smart'' Core ATM switches, GX 250(TM) Multiservice Extender and CBX 500(TM) Multiservice switches developed by the former Ascend Communications. These carrier-class core switching platforms deliver multiple revenue-generating services from a single network infrastructure. Lucent Technologies, headquartered in Murray Hill, N.J., designs, builds and delivers a wide range of public and private networks, communications systems and software, data networking systems, business telephone systems and microelectronics components. Bell Laboratories is the research and development arm for the company. For more information on Lucent Technologies, visit the company's web site at lucent.com .