Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jay Rommel who wrote (4200)	9/17/1998 1:12:00 PM
From: djane	Read Replies (3) \| Respond to of 21876

Lucent Tells Analysts It's Comfortable With 1998 EPS Estimates news.com Bloomberg News September 17, 1998, 8:47 a.m. PT Lucent Tells Analysts It's Comfortable With 1998 EPS Estimates Murray Hill, New Jersey, Sept. 17 (Bloomberg) -- Lucent Technologies Inc., the top seller of phone equipment in North America, told analysts it's comfortable with fiscal 1998 earnings estimates. Lucent, which is holding an all-day meeting with analysts, is expected to earn $1.70 a share for the year ending September 30, the average estimate of analysts polled by First Call Corp. For fiscal 1997, Lucent had a profit before charges of $1.51 billion, or $1.17 a share, adjusted for a two-for-one stock split. Lucent has beaten profit estimates every quarter since its spinoff from AT&T Corp. in 1996, primarily by boosting sales at a fast clip and keeping a lid on costs. Lucent's profit is rising as customers in the U.S. and overseas order more switches and software to handle mushrooming Internet traffic. ''They're extremely bullish,'' said Albert Lin, industry analyst at The Abernathy Group who is attending the meeting. ''They implied growth rates for the next three years out will be improved versus what they said last year.'' Murray Hill, New Jersey-based Lucent said its outlook includes the negative impact some companies are seeing from Asia, Russia and Latin America. --Colleen McElroy in the Princeton newsroom (609) 279-4069/esk Copyright 1998, Bloomberg L.P. All Rights Reserved. The information herein was obtained from sources which Bloomberg L.P. and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any securities or commodities. Copyright 1995-98 CNET, Inc. All rights reserved.

To: Jay Rommel who wrote (4200)	9/17/1998 1:35:00 PM
From: X Y Zebra	Read Replies (2) \| Respond to of 21876

Jay, If I may interrupt here, (to the chagrin of those who oppose my "name calling" of a duck when one hears quacking), the best strategy in dealing with morons in these here SI threads is to ignoring them. They like to pontificate opinions and make their standards obligatory to us mere mortals, in addition, they love to "read between the lines" and suddenly print statements (in their own zealous mind), and imply, (even say), that one made such statements. In their eyes, that makes it a fact. They think that us, (again, mere mortals), can not see through their self-imagined veil of safety, that the real truth is, their own agenda coupled to a screwed up, twisted and erroneous thinking. (ah! do not forget their pontificating style as well). As for me.... I am another mere mortal, expressing my own view, and as for idiots, yes I like to upset them from time to time and at my own pace, when appropriate, I simply ignore them. To make this "on topic", yes I agree this threads should be to research and share information about LU, good or bad, however, whatever is posted, should be backed up with a theory, news, and/or facts, the rest is caca, and as such it should be identified properly If one allows rubbish to be posted freely, such reduces the quality of the place more so than calling a duck what it is. So, I say to the rubbish, as the Nicaraguan Boxing ex-World Champion Roberto Dur n said, (very wisely I should add, as 'Sugar' Ray was beating the carp out of him): No m s, No m s, No m s...... Z. +¨“ """"