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

To: zbyslaw owczarczyk who wrote (14582)	4/27/2000 9:07:00 PM
From: Kenneth E. Phillipps	Respond to of 21876

Nortel Networks ranked #1 among large multi-national corporations in making money overseas. globeinvestor.com

To: zbyslaw owczarczyk who wrote (14582)	4/27/2000 9:12:00 PM
From: telecomguy	Respond to of 21876

Hmm.....that's a good point Zbyslaw. What's the answer Mr.Fun? Hope it was just a oversight on your part and not disingenuous manipulation of figures to slant the numbers in LU's favor.

To: zbyslaw owczarczyk who wrote (14582)	4/27/2000 10:11:00 PM
From: Mr.Fun	Read Replies (1) \| Respond to of 21876

Zbyslaw, Of course it is true that LU was acquired as of June 99. However, since the deal was done as a pooling of interests, all of LU's historical financials have been restated to include Ascend. With NT, Canadian laws do not allow pooling transactions. Bay networks was a purchase, meaning as of September 1998, its revenues were added to NT, with no corresponding restatement of historical financials. I assume you agree that to judge LU or NT's growth without either a) including acquired companies in both historical and current results, or b) explicitly excluding them, is misleading.