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

To: David Hansen who wrote (20761)	9/4/2002 11:52:15 AM
From: Elroy	Read Replies (1) \| Respond to of 21876

Steve Galbraith, Morgan Stanley's chief investment strategist, lists Pfizer, Lucent Technologies, Fleet Boston and Intel among the companies that are likely to post healthy earnings growth next year. ... Wall Street Journal, 9/4 Hah! LU will have no earnings at all this year or next year, so how can they have the best growth in something non-existant. As for following the herd mentality, all the fundamental signs are that service providers will continue to reduce spending, so why think companies that sell to service providers will do well. I repeat, if LU survives, the great telecom equipment bounce will likely be a big 60% upward move in about 2007, from 20 cents per share to 32 cents. Woo hoo!! Elroy