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

To: hitesh puri who wrote (11701)	12/15/1999 6:47:00 PM
From: Tech Bull	Read Replies (1) \| Respond to of 21876

hitesh - hope you're right: MSFT is my #2 holding behind LU; the two make up 75% of my portfolio; I've been very patient, so I'm due! (PS: the last 25% was CMGI until recently - was patient here, too, but I've sold!) Focus on a few great stocks ...

To: hitesh puri who wrote (11701)	12/15/1999 9:30:00 PM
From: simonds	Read Replies (1) \| Respond to of 21876

OT. From W.A. Fleckenstein market rap, just around the corner in SI: Techs explode on Windows news... Near the lows of the morning after a couple of hours of trading, it became known that Microsoft intended to release Windows 2000 a little bit early, and the tech tape erupted. This was the apparent logic for the old-tech Roman candle that we saw: "Gee, the new Windows 2000 will precipitate a PC upgrade cycle and since the thing is such a memory hog, we'll need more memory." So that got Micron and Intel and the PC stocks all fired up. Never mind that this is complete and total nonsense: Everyone has already upgraded everything and Windows 2000 is not going cause anyone to go out and buy new PCs, but this is what passed for logic today. Of course, it could also be due to the fact that Friday is an option expiration and that Intel and Microsoft, et al., have heavy weightings in the Nasdaq 100. That's something that's been used for hedging by these high-flying funds to the extent that they hedge anything. So it's not clear what the real reason was, but the events inspired some huge moves in those stocks. More market cap for Microsoft... In terms of the market-cap gains, hands down the winner was Microsoft, up nearly 10 points and adding close to $60 billion in market cap. And let's not forget the company only does about $20 billion in revenues. So thanks to Windows 2000 coming out early, Microsoft added to the market cap three times its annual revenues - just another benchmark for what works in the mania. On csco: Market a mixed bag... The S&Ps and Nasdaq futures initially opened lower this morning due to some angst about Cisco. Bubblevision and the analysts were quick to point out that the cautionary comments in the 10Q were the same thing the company always says. What they did not point out is the company added the word "significant," which has not been in there in the past, indicating Cisco may have some extra concern. This was enough to rattle the tape for a little while. Then they tried to run them up and sold them off hard. We went into the usual flop and chop. Some of the high fliers were coming under pressure and the Internet stocks were seeing some selling in the early going. Other tech stocks were kind of a mixed bag - some were down and some were up, all in the same industry. I work directly with Windows2000; I like the stuff. But I just don't see PC users going to upgrade soon. Don't count on Novel with it NDS to just play dead in the enterprise space. Cheers!

To: hitesh puri who wrote (11701)	12/15/1999 10:12:00 PM
From: Bindusagar Reddy	Respond to of 21876

4130 =DJ Nortel/Qtera -3: Lucent Questions Nortel's view Lucent Technologies Inc. (LU) takes issue with Nortel Networks Corp.'s (NT) claim that the Qtera Corp. acquisition gives it a head start over rivals in servicing the ultra long-haul, optical network market. A spokesman for Lucent, Murray Hill, N.J., said that the company's WaveStar 400G product, which has been in the market for more than a year, achieves similar results to that of Qtera, albeit in a different way. The WaveStar 400G equipment allows carriers to lower the costs of their existing optical networks, by reducing the number of times optical signals need to be regenerated into electrical signals to travel a long-distance. The spokesman said 35 carriers are either using or testing the WaveStar 400G gear. Still, the Lucent spokesman acknowledged that optical signals can travel greater distances over Qtera's equipment without the need for regeneration than they can with Lucent's WaveStar 400G. The tradeoff, however, is that the WaveStar 400G product is more reliable in delivering data over the network. That's because it using photon instead of soleton technology, which Qtera employs, the Lucent spokesman said. In addition, Lucent is doing research and development into soleton technology, he noted. "We think we have a leadership position in products deployed and also in the research and development of optical systems," the spokesman said. -Ben Dummett, Dow Jones Newswires; 416-306-2024; ben.dummett@dowjones.com (END) DOW JONES NEWS 12-15-99 12:48 PM