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

To: wlheatmoon who wrote (10261)	10/19/1999 8:59:00 AM
From: TechMkt	Respond to of 21876

Tuesday October 19, 8:30 am Eastern Time RESEARCH ALERT-Lucent raised to strong buy NEW YORK, Oct 19 (Reuters) - Warburg Dillon Read raised its rating on Lucent Technologies Inc. (NYSE:LU - news) to strong buy from buy, the investment firm said on Tuesday. -- The price target remains at $82, based on a multiple of 50 against calendar 2000 earnings per share estimates of $1.65. -- The recent weakness in the stock amid investor concerns about the September quarter and the fundamental outlook for the company is unwarranted and creates a buying opportunity. -- said Lucent could exceed Warburg's estimate of $0.27 a share and report $0.29 when it releases its earnings on Oct. 26. ((--Barbara Etzel, New York technology desk, (212)