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

To: GVTucker who wrote (14716)	5/10/2000 1:29:00 PM
From: Techplayer	Respond to of 21876

GVTucker, It is for this reason that those executing on all cylinders (CSCO and NT) and those in the process of regaining traction (LU) are priced at different levels. Visibility and market share that far into the future is worthy of a premium price. IF LU is able to deliver as promised, at 55 bucks it will prove to be a steal (relative to its' competitors) since its' PEG is now somewhere around 1.3-1.5. (still above 1, but at a discount to most large caps that have business prospects as great as LU's at this time). The higher PEG's of NT and CSCO reflect recent success and are priced for continued performance. It is unlikely that they will double again in the near future but are not so extravagantly priced that investors should bail if their timeline stretches at least a year or 2...all imo. tp