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


To: tajen who wrote (9895)10/8/1999 8:11:00 AM
From: polarisnh  Read Replies (3) | Respond to of 21876
 
<Analysts said that Hi/Fn told them on the conference call that its two customers who reduced their orders were Ascend, the networking company now owned by Lucent Technologies Inc. (NYSE:LU - news) and disk drive maker Quantum Corp. (NYSE:DSS - news) (NYSE:HDD - news). Both companies reduced their orders of chips from Hi/Fn so they could reduce their current inventories.>

A little softness in Ascend? Sitting on some inventory? Anybody know what is up?