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


To: freeus who wrote (2043)4/5/1998 11:54:00 AM
From: Terror  Read Replies (1) | Respond to of 21876
 
Got a notice in the mail on LU from my broker Paine Webber that might be of some interest:
"Raising price target on LU to 84 based on 40x our 1999 EPS estimate.
LU trades at 44xour calender 1998 EPS estimates; we expect estimates to rise.
High market capitalization can be converted into currency for future acquisitions.
Industry leading status should command premium P/E multiple."

SO $84 WOW, this is better than chocolet.

Marcie