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


To: IngotWeTrust who wrote (2549)5/5/1998 2:44:00 PM
From: Robert New  Read Replies (1) | Respond to of 21876
 
Just saw a live interview with Lucent CEO Richard McGinn on CNBC and thought i would post a couple of the highlights. McGinn stated that there are tremendous opportunities for LU going forward regarding the convergence of data and voice networks. He also stated that their growth rate of 25% in the first quarter would have been MUCH higher had it not been for the impact of Asia.

Overall a very positive message....Looks as though we are basing here in the low 70's...with solid support in the 70 area...

Good investing to all...