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

To: qdog who wrote (2084)	4/6/1998 7:29:00 PM
From: Falcon	Read Replies (1) \| Respond to of 21876

Hi all, I have been lurking on this thread for a couple of days now, because of my interest in Lucent. Can someone tell me if the following news would have any effect on the market? biz.yahoo.com Thanks Arman.

To: qdog who wrote (2084)	4/6/1998 10:42:00 PM
From: Goolie2	Read Replies (1) \| Respond to of 21876

>> Look at the Iomega's, Netscape, Prestek of just a couple of years ago, that is where LU is right now, IMO.<< Maybe you can draw a parallel between Iomega, Netscape and Prestek, and you can add another like Amazon.com currently, but to put Lucent in that company more than a little ridiculous. Yes LU is overbought, I in fact sold my Lucent position, but this is the same organization that invented the dial tone for Pete's sake! I believe they are ranked something like 37th in the S&P 500. They have hundreds of patents approved over the past few quarters, any one might be a $Billion technology. The street has earnings forcasted for $3.30 for 1998. I don't think the above companies earned that much in their combined histories. Goolie

To: qdog who wrote (2084)	4/7/1998 12:21:00 AM
From: RavBruce	Read Replies (2) \| Respond to of 21876

Regarding overvalued stocks: there are always industries that are undervalued relative to their average P/E and earnings growth. With research, one can spot the value. You have to move away from the high fliers and look in the bargain basement section(New lows). Bruce

To: qdog who wrote (2084)	4/7/1998 3:25:00 AM
From: Darwin Tu	Read Replies (1) \| Respond to of 21876

qdog, regarding CNBC's comment on LU overvaluation, I have my two cents. I think most analyst are trying to make a name for themselves and if the call is right regarding overvaluation, they become instant heroes. Personally, I don't think they add any value to our stock arena. If LU is overvalued, why are people still crazy about the stock. No one is sick enough to gamble 130 dollar of their money to buy a share of something that is worthless. The comment on LU being too expensive, then I think the internet stocks, the AOLs, the Yahoos and what not should be banned from the market. Some of these guys don't even generate revenues or break even at this time. At least LU is a billion dollar firm who has put most of its effort on R& D and are just beginning to exploit their expertise to the marketplace. This is a first class company that will bring much value added to our society just as what they did by inventing the transistor. So CNBC should smell the flowers and begin to really appreciate good companies versus companies that trades up on hype.. I see LU growing steadily over the next five years but I certainly cannot say for the AOLs, Yahoos, internet stocks. You may see one winner (i.e. a microsoft) amongst the group. so why not LU????? Let me know if I am wrong....It really upset me to see AOL or Yahoo (a search enginer company at best) goes up 5 points a day and I hear no ones says it is too expensive...... So, get these analyst off our backs!!!!!!!!!!!!!!