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

To: GVTucker who wrote (15410)	7/20/2000 7:49:37 AM
From: Red Heeler	Read Replies (1) \| Respond to of 21876

Lucent Warns on Q4 Targets From CBS Market Watch www2.marketwatch.com Thursday, July 20, 2000 Lucent reports, warns --7:22 am - By August Cole MURRAY HILL, N.J. (CBS.MW) -- Network giant Lucent Technologies anounced Thursday quarterly earnings that exceeded Wall Street expectations by 1 cent and set out details for an anticipated IPO for 20 percent of its microlectronics unit. For the third quarter, Lucent (LU: news, msgs) reported a profit of 30 cents a share vs. 23 cents in the year ago quarter. The company said third-quarter revenue came in at $8.7 billion vs. $7.2 billion, an increase of 20 percent. Tempering the quarterly results, Murray Hill, N.J.-based Lucent said its earnings in the quarter ahead, as well as fiscal 2001, may not be as strong as expected. ------------------------------------------------------------ Good luck to y'all today. CC