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

To: Nanda who wrote (3216)7/22/1998 8:37:00 AM
From: Rob L.  Respond to of 21876
 
Earnings look great (before charges), could not have asked for better. Net and gross margins both higher with net margins nearly double the comparable period. Margins rose, despite spending more on R&D (relative to revenue). The tax rate dropped and SG&A dropped. Everything looks good. Stock should do well. They beat the estimate by 18%.



To: Nanda who wrote (3216)7/22/1998 8:41:00 AM
From: Air Assault  Read Replies (3) | Respond to of 21876
 
LU called to open around 106, up 4 from yesterday's close. Lets see if it can sustain positive momentum. IMO, those investors/speculators who bought expecting a stock split are going to bail. Any thoughts?


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