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

To: Diamond Jim who wrote (12189)	1/6/2000 6:55:00 PM
From: KYA27	Respond to of 21876

Lehmann Bros. on target by: newgeneration.geo 1/6/2000 6:48 pm EST Msg: 64684 of 64688 Re: Don't these guys (Lehman) know what they're talking about? Lehmann has a 2001 price target of $95 and EPS of $1.87. For FY2000, however, they show $1.53. That is very doable. If LU comes in at 0.38 this quarter, they are--guess what--a quarter of the way there. Lehman knows exactly what they are talking about. Also, keep in mind that 6 million shares have traded in after-hours. Somebody big is buying. OC-192 demand later in the year, coupled with the changed quarterly revenue patterns, will beat the $1.53 projection when the FY is said and done.

To: Diamond Jim who wrote (12189)	1/6/2000 7:30:00 PM
From: The Phoenix	Respond to of 21876

DJ, Well, I'm sure your sentiments are shared by many and personally i think that's a healthy sign for the market. I can't say that I'm not disappointed too. I told myself I was going to take profits on Monday and when we rocketed out of the shoot I decided against it. So, I'm not sitting on the pile of cash that I'd hoped to have right now. Still the fundamentals haven't changed - technology will rock this year. Wait till things settle a bit and we'll all get on with it. No doubt though - this is a more prolonged sell-off then most of todays investors are used to. OG