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

To: Gabriel008 who wrote (21504)	1/24/2004 10:34:29 PM
From: stock bull	Read Replies (1) \| Respond to of 21876

Which stock are you referring to? And, what did Barons' say? Stock Bull

To: Gabriel008 who wrote (21504)	1/26/2004 7:46:36 AM
From: Gabriel008	Respond to of 21876

from briefing.com this am. 'Barron's highlights Lucent, which stock has gone from 58 cents a share on Oct. 11, 2002 to recent a recent high of $5. The article suggests Lucent's days as a purely speculative play may be numbered. The communications-equipment producer is making money again as telephone, cable and wireless companies boost capital spending. Lucent also has discovered the Pentagon's fat wartime budget; it has a contract with Bechtel for telephone switches in Iraq. Susan Kalla, who follows Lucent for Friedman, Billings, Ramsey & Co. says, "Given the company's valuation versus its peers, earnings improvement in 2004 as telecom recovers, and compelling risk/reward characteristics, we view any weakness as a buying opportunity." According to article, LU is good to buy, despite some problems, like pension and benefit plans that are underfunded by about $7.3 billion, according to Morgan Stanley calculations and the $631 million settlement of a suit brought by stockholders who lost a bundle when the shares plunged in 2000 because Lucent improperly recognized $125 million in revenue. However, there also is a chance of upside volatility given LU's CEO Patricia Russo saying the co has been winning contracts for telephone, broadband and wireless networks in Europe, Asia and South America.'