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

To: Dana Adams who wrote (11761)	12/19/1999 10:52:00 AM
From: Ted Downs	Respond to of 21876

Have you noticed how lucky LU's PE ratio is constantly mistated across the board? Turn on CNBC and you will find the bitter and jealous talk about a pricey stock! Look up just about any paper and you will see LU's PE at 70+. Dana, As I have said in an earlier post I'm convinced there are two reasons why they don't like LU. #1 LU is a threat to their darling Cisco. #2 Many "in the know" people missed LU from go. That's where the jealous talk comes from. Analysts who have to justify why they didn't tell their clients to buy LU have to pick away and find excuses. I look for LU to only gain respect when they blow everyone away with continued sales and earnings growth . This will happen and I'm convinced of that. Ted