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


To: djane who wrote (3935)9/6/1998 6:36:00 PM
From: Paul Reuben  Respond to of 21876
 
That could be very attractive, since Lucent is currently trading at 2.1 times its projected earnings, a high PE (price-earnings) ratio even by today's inflated standards.

Cisco, which trades at 1.5 times projected earnings, also has a
high PE, though not nearly as high as Lucent's.


Where did those numbers come from??????