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

To: Impristine who wrote (4108)	9/15/1998 1:01:00 PM
From: Mark Palmberg	Read Replies (1) \| Respond to of 21876

With the exception of Lucent Technologies Inc. and Cisco, the telecommunications equipment group is experiencing its lowest P/E multiple since 1993. Isn't it possible that Lucent and Cisco are simply eating the other guys' lunch? I don't know that consolidation is a reason to call for a sector slow-down...look at the financial sector! Anyone who has the foresight to hold LU for five years is going to come out smelling like a rose. Mark