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


To: t36 who wrote (4124)9/15/1998 5:04:00 PM
From: Jerry Miller  Read Replies (1) | Respond to of 21876
 
Lucent dips on analyst's comment on telecom sector
September 15, 1998 04:05 PM

NEW YORK, Sept 15 (Reuters) - Increased concerns about the outlook for 1999 earnings in the telecommunications equipment sector pushed shares of Lucent Technologies Inc. LU down by about five percent on Tuesday, analysts said.

Shares of the Murray Hill, N.J.-based company fell 4-1/8 to 73-1/8 on volume of 9.5 million late on Tuesday.

The drop followed a report by Nikos Theodosopoulos, telecom equipment analyst with Warburg Dillon Read, which warned that uncertainty about South American and Asian markets are weighing on the sector's outlook.

c 1998 Reuters.




To: t36 who wrote (4124)9/15/1998 5:22:00 PM
From: Claude Edelson  Read Replies (1) | Respond to of 21876
 
Lucent dips on analyst's comment on telecom sector
NEW YORK, Sept 15 (Reuters) - Increased concerns about the outlook for 1999 earnings in the telecommunications equipment sector pushed shares of Lucent Technologies Inc. (NYSE:LU - news) down by about five percent on Tuesday, analysts said.

Shares of the Murray Hill, N.J.-based company fell 4-1/8 to 73-1/8 on volume of 9.5 million late on Tuesday.

The drop followed a report by Nikos Theodosopoulos, telecom equipment analyst with Warburg Dillon Read, which warned that uncertainty about South American and Asian markets are weighing on the sector's outlook.