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

To: sylvester80 who wrote (20375)	6/26/2002 11:36:01 AM
From: Alex Chilton	Respond to of 21876

Nortel and JNPR are mostly exposed with WCOM. Accurate & true. However, WCOM (along w/ Q) has not been buying anything for a while, and weren't expected to begin any time soon. It is not new news to vendors or the street, theoretically. Alex.

To: sylvester80 who wrote (20375)	6/26/2002 11:42:29 AM
From: Elroy	Respond to of 21876

As of last Q, LU had $4.8 billion cash $82 million short term debt $3.2 billion long term debt (none due before 2006) and $1.75 convertible preferred securities LU also has in excess of $1.5 billion in untapped credit facilities. LU's problem is not cash, it is getting profitable in a declining revenue environment. As long as revenues continue going the wrong way, LU will need to continue implelementing restructuring plans which burn through cash in severance.