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

To: David Hansen who wrote (21454)	1/7/2004 6:21:53 PM
From: Teddy	Read Replies (1) \| Respond to of 21876

hi Dave, First off, to set the record straight, I am long a small number of LU shares. It has been all most 2 years since I was short. you provided a valid short list of many of Bell Lab's 'inovations', but it appears you misunderstood my request: name one Bell Labs invention in the last 10 years that resulted in a profitable product. I agree that some of the products in the main list were the result of BL research, but (whether it be do to weak sales or being too early in the product life cycle to recover R&D cost or what ever) I see nothing there that resulted in a profit that reached LU's bottom line. As for the second part of your list (UNIX, C++...), that goes back to before the break up (all the Bells, AT&T, BL... were a monopoly) and supports what I was trying to say in my original post: "Bell Labs has great people doing great things and a long history of the same, but as a shareholder I personally feel that they are spending too much on R&D projects that will never result in increased earnings." btw, as to my knowledge base: a short while ago, I interned at BL for 6 months. Anyway, my original post was that LU should not be considered a nonotech play. I stand by that post. Best wishes to all.