To: Mark Palmberg who wrote (9058 ) 8/5/1999 11:12:00 PM From: Bindusagar Reddy Respond to
Mark, Do not pay attention to Haim. This guy has ZERO credibility. He shows up here whenever LU drops >10% and spreads his BS Gospel about how LU is misleading. Just ignore the noise and focus on the future. The fact is LU will be around for many years building the networks of the future with products we can not even imagine today (Thanks to 4 billion dollars of annual R&D, more than anybody dwarfing CISCOs 1.5 billion R&D). Haim does not have brain to look ahead more than 1 day. He is worried about his food tomorrow. LU will show 50% growth internationally with continued 20% growth in north america. This will be a true mutinational company with more than 50% revenues from outside USA, by 2001. That is where the explosive growth will come from. They will break into WCOM, SPRINT accounts big time over the next 12 months courtesy ASCEND's relationships with WCOM. If you remember ASCEND derived more than 10% of revenues to WCOM for last 3 years. Level three, QWEST and other emerging super carriers and the likes of Winstar communications will continue to propel the growth of LU. I was on the cof. call of QWEST last week. Joe Nacchio said" we can not get the next generation optical switches fast enough from LU/NT as there is so much pent up demand. I will get on the phone with Rich(Mcginn), John(Roth) right after this call to solve the problem". If this is not demand, I don't know what is?. Telecomm equipment wireless, optical, data and even the 5ESS switches are in great demand. Add billing software and network management software, you have a great recipe for success.
