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


To: Mark Palmberg who wrote (4381)9/30/1998 12:26:00 PM
From: yard_man  Read Replies (1) | Respond to of 21876
 
>>Does anyone honestly believe that Lucent management would be so
stupid as to fly in the face of all the negative sentiment in the sector if they weren't
kicking some major bootie?<<

They have every incentive to do so: Stock options.

Earnings won't be very important this time around -- very easy to beat with so many one-time charges and so forth. Street will be looking at revenues. IF they don't grow enough, LU will be lumped with ALA, NT et al ...

Be cautious around earnings. Earnings will probably be great, but that may not be enough.