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


To: Techplayer who wrote (15344)7/9/2000 3:33:40 PM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 21876
 
TP, If demand for the product (circuit switches) is elastic,
then a decrease in price will result in an increase in the number of switches sold so it is possible that NT or LU will make more profit by cutting prices.