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


To: Techplayer who wrote (11740)12/17/1999 8:18:00 AM
From: Techplayer  Read Replies (2) | Respond to of 21876
 
Money Magazine, January 2000
SMART MONEY SAYS LUCENT
The market for telecom equipment is expected to reach $800 billion in 2003,
up from $450 billion in 1999. Given that kind of growth, the industry's top
players -- Lucent, Cisco, Nortel and Ericsson - have excellent prospects.
But if your portfolio lacks such a stock, Lucent looks like the best value now.
Lucent shares have had a great run since AT&T spun off the company nearly
four years ago; they were up another 65 percent in the first 11 months of
1999. Lucent's $5 billion in research and development spending has earned
the company leading positions in almost every area of telecom infrastructure
-- wireless, fiber optics, communications chips and software, service and
support. "You have a management that is making the right moves," says Ned
Brines, telecom analyst and co-manager of the Phoenix-Ingeman Focus
Growth Fund.