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

To: Les H who wrote (8689)	7/20/1999 11:39:00 AM
From: MStonek	Read Replies (1) \| Respond to of 21876

<< Also noticed that without the large decrease in interest expense even after allowing for reduction in tax, the company would've reported lower net income than year ago. What was the large interest expense incurred for? >> To me that interest expense figure for '98 is wrong, a typo or a mistake. How can it go from $880 to $800 after substracting $638 for interest expenses??? It just doesn't add up. In the meantime, the stock is getting creamed because of their cautious outlook towards the next couple of quarters (they see December quarter eps below consensus) and its huge run-up of the last few days.