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

To: Capitalist who wrote (1127)	12/10/1997 3:35:00 PM
From: Larry Tomblin	Read Replies (1) \| Respond to of 21876

The market...yes. Lucent...No. <snip> "All American companies that provide high-tech products and also capital equipment for the Asian economic miracle are going to be hurt because there's an adjustment process that has to be gone through in Asia," said Roger Kubarych, an economist at Kaufman & Kubarych. "It's going to take two to three years, and in the meantime they're going to see lower sales in Asia." <snip> What the hey is the "Asian Economic Miracle". Maybe it may have began with the transistor to IC(integrated circut) a long time ago...and the Western Hemisphere must now tow the line? Two to three years is a just reward for the patient investor that won't be waiting for eastern cargo ships to arrive at western docks. Best wishes, Larry

To: Capitalist who wrote (1127)	12/10/1997 10:27:00 PM
From: chirodoc	Read Replies (1) \| Respond to of 21876

<<<<< Looks like Asia is going to be a real problem. .......yes asia will be a problem ......china is stabilizing, japan is finally talking about tax cuts, latins are stabilizing, canada is strong, europe is strong. .......i japan crashes it is all over for 6-12 months. i japan can start deregulating by early next spring, we will begin to see things ramp up again. ......time to sell those dogs and take the cash and buy beaten up great stocks like lucent

To: Capitalist who wrote (1127)	12/11/1997 9:46:00 PM
From: qdog	Read Replies (1) \| Respond to of 21876

Of course Asia is a problem. Companies that have a high exposure are at risk, as Oracle showed. More troubling than Asia is the dollar gaining strength, which I view negatively. Makes our exports more expensive. As to LU, it's still a premier technology company. They are expanding there R&D arm to the west coast and now Japan. That impress's me in many ways. What it tells me that they are agressive in the ever changing nature of technology. Their product is being design with that change in mind. Today's announcement with Westel is positive and show's that flexibility. I'm very high on xDSL rolling out next year. All the world switch makers are in lockstep in this regard. Maximize the capability of the existing copper. LU is taking it further in the software side. Albeit LU is in Asia; it's not there biggest fish. Also, most infrastucture projects will continue for the time being. I was somewhat perplex lst week by this market and it's response to the Asia crisis by pulling back up to the high's. I thought and still do that it was way to fast of a recovery in prices. I also was surprise that a test of the low wasn't approached. MAybe it will be now.