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To: RetiredNow who wrote (31081)1/6/2000 11:37:00 PM
From: Eric  Read Replies (4) | Respond to of 77400
 
mindmeld and the gang

The spin I'm reading on LU's problem is that a bunch of their old equipment lines are not selling so well. Customers seem to want the newer equipment. A few of those lines have a lot of profit in them which really helps their bottom line.

Plus you add in that they can't seem to ramp up on their new technology and whamo slamo you have a profit squeeze and reduced earnings.

This could be a significant slowdown for LU until they get their manufacturing up to speed on the new stuff. If what they say is true I would guess they would be out of the woods in a few qtrs.

If they don't, they will be investment history compared to Cisco.

Eric