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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (21057)	9/26/2000 4:42:50 PM
From: Galirayo	Read Replies (1) \| Respond to of 29382

[ LU ] Ken .. here's a fresh one. Avaya Inc. (NYSE:AV - news) a unit of Lucent Technologies Inc. (NYSE:LU - news) which begins trading Monday, will replace building materials maker Owens-Corning (NYSE:OWC - news) in the S&P 500 Index after the close of trading Friday. biz.yahoo.com Maybe he expects AV to Rocket when it starts to trade Monday. Tuesday, September 26, 2000 Morgan Stanley on Lucent --3:01 pm - By Michael Baron Lucent Technologies (LU: news, msgs) is falling 81 cents, or 2.6 percent, to $30.06, a new 52-week low. Tuesday's volume is a hefty 20.6 million shares, tops on the New York Stock Exchange. Morgan Stanley Dean Witter analyst Alkesh Shah told clients in a research note that he believes the company is at an inflection point due to a new chief financial officer and its product cycle. "The company could start to see the benefits on its balance sheet by the December quarter," wrote Shah, who also expressed confidence in his estimates for Lucent for the current and next quarters. A First Call survey of 28 analysts put the company's earnings for the coming quarter at 27 cents a share. Shah has a "strong buy" rating on Lucent with a price target of $85.