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

To: Claude Edelson who wrote (4132)	9/15/1998 5:49:00 PM
From: Mark Palmberg	Respond to of 21876

''Some people have even been obsessed with it,'' said Steven D. Levy, a communications equipment analyst for Lehman Brothers. ''One camp is, 'I'm staying away from Lucent because if they're going to do something big on Oct. 1 it's probably not good.' And then I hear people saying, 'I'm going to buy a certain stock because Lucent is going to buy them on Oct. 1.''' And then there are those people, like me, who say, "buy as much Lucent as you possibly can now, because this time next year the price may well be out of your reach." MERGER = GOOD. Lucent teaming up with just about any of the likely suspects mentioned lately -- including MOT -- makes much more immediate sense to me than, say, a merger of Traveler's and Citicorp. I'm really looking forward to the next couple years. plink, plink Mark

To: Claude Edelson who wrote (4132)	9/16/1998 3:52:00 AM
From: Sr K	Read Replies (1) \| Respond to of 21876

Stupidist financial argument of the week: <<By SETH SCHIESEL and LAURA M. HOLSON: For example, General Electric and Microsoft have comparable market values of about $250 billion, but very different book values: $304 billion versus only $14 billion, respectively. So buying G.E. would not entail writing off any goodwill, but buying Microsoft would mean writing off nearly the whole purchase price. >> Assets do not equal book value! GE had $35.5 b book value (half intangibles) at 6/30/1998 while MSFT had $12 b. How can anyone with any knowledge in this area write that GE is selling for 82% of book value? Where was this published?