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


To: Bindusagar Reddy who wrote (11688)12/15/1999 12:25:00 PM
From: hitesh puri  Read Replies (1) | Respond to of 21876
 
BR, as always all the unbiased reports point to LU being the #1 data vendor (sans Routers) to Service Providers but I have no idea what magic dust Cisco drops on Wall Street and they remain convinced Cisco is the leader in that space going forward and gaining market share. A PE of 70 upon 2001 earnings reflects that.
No problem with owning CSCO just want to digest facts and make a proper decision because events like today make me nervous. A mere mention of slowdown for Cisco caused a 10% drop. Imagine what could happen if reality unfolds.

-Hitesh