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

To: zonkie who wrote (16611)	10/10/2000 4:49:25 PM
From: telecomguy	Read Replies (1) \| Respond to of 21876

It will be going lot lower than that I am afraid

To: zonkie who wrote (16611)	10/10/2000 4:50:08 PM
From: Tech Bull	Respond to of 21876

two items of note; webcast at 5pm ... From biz.yahoo.com 1) 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. 2) Lucent expects to discuss its earnings and additional guidance for fiscal 2001 on October 24, 2000. There will be a Webcast at 5:00 p.m. (EDT) today to discuss today's announcement. The Webcast can be accessed at lucent.com.