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

To: William Hunt who wrote (10587)	10/23/1999 1:13:00 PM
From: Diamond Jim	Read Replies (3) \| Respond to of 21876

"As an investor I try to understand what management is saying about the future and where we are going" -- Then wouldn't you go back to what LU said at the last conference call? Intel is very similar, they don't talk much. I don't think great co's should. The markets have become a game, a joke, look at CNBS. Every day is like a new superbowl on CNBS, I think it is all over done. This game playing has almost forced me to buy great co's and hold, if I watched CNBS all day, I'd be trading in/out non stop and you know what? I'd pay tons of commissions and miss out on rides up that can't be timed. For me I just have to say, who is smarter? me, Craig Barrett, or Rich McGinn? No need to respond to that choice, eh?<g> jim

To: William Hunt who wrote (10587)	10/23/1999 4:52:00 PM
From: stilts	Read Replies (3) \| Respond to of 21876

>>AS for the stock price appreciation for the past three years per the charts I look at we are at the same price we were in November of last year . That is not a great return on my money since I try to be a long term investor.<< William, stop whining and get your facts straight. Last November Lu reached a split-adjusted high of 45. Now it's almost 25% higher. Last quarter McGinn spoke up before earnings were released to quell the shorts' rumor-mongering. It resulted in the the earnings announcement becoming anti-climactic and spoiled the longs' fun. Those who fail to learn from history are doomed to repeat it. McGinn obviously doesn't have a learning disability. But some people on this thread do.

To: William Hunt who wrote (10587)	10/24/1999 1:53:00 PM
From: tajen	Read Replies (1) \| Respond to of 21876

"the quality of the earnings and the quality of its balance sheet.." Lucent's 3rd-Qtr Profit, Sales Seen Rising: Earnings Outlook Murray Hill, New Jersey, Oct. 24 (Bloomberg) -- Following is a summary of expectations for Lucent Technologies Inc.'s fiscal fourth-quarter earnings, which are scheduled to be released Tuesday. Expected Earnings Lucent, the world's No. 1 phone-equipment maker, is expected to report a profit of 29 cents a share before acquisition costs in the quarter ended Sept. 30, the average estimate of analysts polled by First Call Corp. Some estimates published on the Internet are as high as 31 cents. Most analysts expect sales of $10 billion to $10.5 billion. In the year-ago quarter, Lucent had pro-forma earnings of $487 million, or 16 cents, including costs for research and development at companies Lucent acquired. Lucent would have earned $647 million, or 21 cents, before those costs. Pro-forma revenue was $8.57 billion. Results in the year-ago period were restated to reflect the acquisitions of Ascend Communications Inc., Nexabit Networks Corp., Kenan Systems Corp. and several other companies. Time Murray Hill, New Jersey-based Lucent is scheduled to report earnings on Tuesday at about 7 a.m. New York time. Behind the Numbers Lucent has benefited from rising international sales, which represent about 30 percent of total revenue. That's overshadowed the slower pace of U.S. sales growth, something many investors want to see pick up. Sales of wireless and fiber-optic products are rising 20 percent or more, analysts said, as phone companies build their networks to handle more Internet and data traffic. Lucent also is selling more traditional phone switches, as well as equipment that delivers voice, data and video traffic on a single network. Lucent gained the equipment in the June purchase of Ascend. Some analysts have criticized Lucent for carrying too much inventory and receivables on its balance sheet. What the Experts Say ''Most of the growth this year has come from international sales,'' said Jae Lee, a telecommunications analyst at Minneapolis-based American Express Financial Advisors, which owns about 17 million Lucent shares. ''This report will be important to see what growth they're getting out of the U.S.'' ''The issue with Lucent is the quality of the earnings and the quality of its balance sheet,'' said Walter Casey, an analyst at Banc One Investment Advisors in Columbus, Ohio. ''This report will be scrutinized very carefully.'' Previous Market Reaction Lucent fell 6 57/64, or 9 percent, to 69 15/16 on July 20 after the company's fiscal third-quarter sales to U.S. companies lagged some forecasts, raising concern that growth could slow in the second half of the calendar year. Market Performance Lucent has dropped 28 percent since its record close of 78 7/16 on July 16. The shares have gained 2.7 percent this year, though have risen more than eightfold since the 1996 initial public offering. The shares fell 9/16 to 56 7/16 Friday.

To: William Hunt who wrote (10587)	10/25/1999 12:45:00 PM
From: Mana	Read Replies (1) \| Respond to of 21876

Bill- Any information I'm allowed to give out I will. Unfortunately, I just a grunt and I'm not privy to too much. I can tell you the morale is not as bad as people make it out to be. I like the direction Mcginn is taking Lucent, especially with VoIP. This area will be HUGE and Lucent will get a nice slice of the pie. McGinn has earned my trust. I'm willing to cut him a little slack. I believe he knows what's best for the company and our stock price. I hope you stay for the long run. Good luck Chris