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


To: Dana Adams who wrote (11594)12/10/1999 11:36:00 PM
From: Bindusagar Reddy  Respond to of 21876
 
Dana, There are two important points in the release. It is for TDMA technology that will soon disappear. Second is it is approx. 600 million in three years. That comes to 200 million/year. In my view it is negative as I was expecting them to win close to a billion dollar deal. For ATT 200 million/year is a small portion of their wireless spending. LU sells them billions. Most of the revnues would have gone to ERICY, if NT was not added to the vendor list.

I remember Wall street fell in love with NN another canadian co. in 1997 only to dump them this year. Look at NN chart. NT will have the same fate next year.

BR