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

To: Curtis E. Bemis who wrote (12265)1/7/2000 12:13:00 AM
From: Doug  Read Replies (1) | Respond to of 21876
 
Curtis: True assessment. The best growth projection for this year is 19% ; not 20 or 25%. (5% better than the Networking Sector growth of 14% in LU's own words.)

Optical technology is available in Canada, Japan, and France and is not a LU monopoly. Further, the main sector of growth in Optics is Passive Optical Nets which does not involve costly switches and new routers etc.

Based on the growth projection and an earnings forecast of $1.50 for the year the current valuation cannot be sustained.




To: Curtis E. Bemis who wrote (12265)1/7/2000 1:55:00 AM
From: Diamond Jim  Read Replies (1) | Respond to of 21876
 
Curtis, maybe MATT doesn't own LU, it is my biggest holding, yes it hurts, but grow up. I bought it, I held it and yes I track Mr Fun's posts.

Mr Fun posted what he thought, so? I bought it, I own it, and I am not blaming him or anyone else.

You are embarrassing yourself with your whining. I am not happy about it and too make matters worse I own E*crap too.

jim


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