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

To: Chuzzlewit who wrote (11891)	12/22/1999 11:28:00 PM
From: Dee Jay	Respond to of 21876

"My tea leaf reading tells me that LU may require additional financing -- certainly drawing down on its credit facility is a distinct possibilty." Sticking my neck out as I'm relying on memory as to the credit facility's amount and present utilization, LU has barely tapped 10% of that available financing so they can go to that well if they have to without any ramifications that I can foresee. And if they have a bargain basement interest rate tied to it, more power to them! Given that financing customer expansion is a way of life in the industry that makes LU no worse than anyone else but their borrowing capacity does in all likelihood give them an important edge compared to others, IMHO. Dee Jay