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

To: Keith Fauci who wrote (16769)	10/14/2000 10:35:50 AM
From: Georgeb	Read Replies (1) \| Respond to of 21876

Keith, It isnt the Optical networking that is being spun off, it is the Microelectronics division. That division makes DSPs, ASICS, chips for the PC market, chips for telecommunications , chips for access, mass storage, as well as optical and other networking. This division grew earnings at about 50% this past quarter (a real bright spot in the LU story), better than NTs total growth. It is estimated by some analysts that on its own, on a 1 for 1 share spinoff, it is worth $25 a share. Incredible to think that this value is completely hidden in the current $23 share price for LU. I asked someone who did an analysis on this board yesterday how they accounted for the hidden Micro value. No reply yet.