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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (55736)	10/10/2000 4:10:02 PM
From: The Phoenix	Respond to of 63513

The actually cite a 5% decrease in optical sales including fiber!!!! YIKE!!!!! This is NOT good. For the quarter, the company indicated that while it had strong overall growth in the wireless business, it would report flat growth primarily due to a comparison related to a major foreign contract in the year-ago quarter. Revenues from optical networking systems, including optical fiber, were down about 5 percent and switching systems were down about 13 percent. However, Lucent saw strong revenue growth in several areas. The company's Microelectronics and Communications Technologies group's revenues grew more than 50 percent for the quarter. In addition, revenues in the Internet infrastructure business grew more than 40 percent for the quarter. This marks the fourth quarter in a row that this business showed growth over 40 percent. Lucent's services business grew about 18 percent for the quarter.