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To: polarisnh who wrote (49489)	7/2/1998 8:35:00 AM
From: polarisnh	Respond to of 61433

Lucent bags digital TV, backbone deals in China By Terho Uimonen Online News, 07/01/98 12:08 PM President Bill Clinton isn't the only one making a splash in China: Lucent Technologies, Inc. earlier this week announced a deal to supply digital television equipment for what it billed as the world's largest fiber-optic digital video network in China's Hubei province. The $4 million contract calls for Lucent Digital Video, a wholly owned Lucent subsidiary, to supply 18 digital video encoder units and 160 decoders to the Hubei Cable TV Network Co., Lucent said. The fiber network, which connects 36 cities, is based on an integrated synchronous digital hierarchy and MPEG-2 over Asynchronous Transfer Mode architecture using fiber-optic cables and running at 2.5G bit/sec., Lucent said. China's 31 provinces are expected to use a similar integrated MPEG-2/ATM/SDH platform as the standard for building a nationwide digital television infrastructure, Lucent said. In addition, Lucent also signed contracts valued at $62 million to supply equipment for China's telecommunications backbone network, the company said. Under those contracts, Lucent will supply 2.5G bit/sec. SDH equipment to the Guangdong province in South China, as well as providing its latest transport and network management systems for the Shanghai-Guangzhou SDH backbone network under an agreement with China's Directorate General of Telecommunications (DGT). Lucent, in Murray Hill, N.J., has also signed a letter of intent with the DGT to look into providing dense wavelength division multiplexing equipment for China's six national backbone links, which connect major Chinese cities such as Beijing, Shanghai, Guangzhou, Nanjing, Shanghai, Taiyuan and Wuhan, Lucent said.

To: polarisnh who wrote (49489)	7/2/1998 10:31:00 AM
From: Dennis R. Duke	Respond to of 61433

Steven, I understand the employee motivation thing and my next paragraph was: On the other hand the employees hung around and developed and delivered the products that are getting the performance that the stock enjoys today. So I guess I should not complain too much. Just another buying opportunity, for those with cash. But yesterday's activity could also be the management changes. I think Dan Smith has been selling more than the other officers, so I guess his departure is not that much of a surprise. In fact, the fact that his replace was hired in 1995 could it be that he was punted? Anyway the addition to the board is interesting. I am assuming you have seen today's press release. If not message me and I'll copy. I get the press releases via e-mail every morning, but they are usually posted before I get to SI. Later, Dennis