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

To: yard_man who wrote (4385)	10/2/1998 2:52:00 AM
From: lkj	Respond to of 21876

Actually, I think earning growth is much more important for LU right now than sales growth. Don't forget that Lucent's big restructuring is not done yet. Lucent is still shedding off a lot of its low profit margin businesses while transitioning into more profitable ones. That's why earning growth or profit margin would be very important. I think that a 10% revenue growth would be sufficient for sales, while earning growth shold be at a much higher level. Looking at past performances, I think that this quarter should look just as good as all the past quarters. If you are long on Lucent, current price level is a good entry point.