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

To: DiB who wrote (20788)	9/13/2002 4:30:54 PM
From: scratchmyback	Read Replies (1) \| Respond to of 21876

DiB, I think Lucent has publicly stated that they have given up GSM1900 network business, they only promised to take care of their old GSM900/1800 customres in Europe and Asia. And as far as I can remember STC in Saudi-Arabia and T-Mobile in Germany where their latest/last major GSM clients in Europe and Asia, and you can bet that it´s not Lucent who´s delivering GSM gear to these operators in 2002! Lucent is history over there, at least when it comes to GSM. What comes to WCDMA, Lucent is definately an also-ran over there. Lucent did announce a deal with Telefonica/Sonera for a WCDMA network in Germany in December 2000, but as we know, Ericsson and Nortel stole that deal from Lucent last spring, and a couple of months after that Telefonica/Sonera abandoned the whole project. Lucent was also suppoused to be a WCDMA supplier for KPN in Netherlands, Germany and Belgium, but Lucy was (probably) kicked out of that project too. And that makes a lot of sense, it would be plain stupid to spend billions in r&d if you have only a couple of clients!

To: DiB who wrote (20788)	9/13/2002 8:18:23 PM
From: sylvester80	Read Replies (1) \| Respond to of 21876

The revenue miss is primarily due to wireless cap ex declines IMO. Read the sprint news and you will understand. Sprint cut their subs growth by 50%. And normally you try and build ahead. So current network capacity is more than enough to handle this rapidly declining number of new subs. So I see no reason why Sprint and the others would be investing in new equipment when they see that their growth is going down fast. With more than half their revenues from wireless, Lucent's and Nortel's warnings were expected. I expect even lower revenues during the next 2 quarters. JMHO.