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

To: Thomas M. who wrote (4907)	11/4/1998 11:27:00 AM
From: yard_man	Read Replies (1) \| Respond to of 21876

Not sure I buy that, but time will tell. I don't think communications is immune from a global slowdown.

To: Thomas M. who wrote (4907)	11/4/1998 12:57:00 PM
From: Thomas M.	Respond to of 21876

forbes.com Foreign assault By Scott Woolley Lucent is jumping with both feet into developed and developing countries alike. Here's what it's doing in some key markets: • Western Europe. Strong foothold in the Internet service provider market, not its traditional strength. Forty-five percent of European ISPs now buy equipment from the company. But Lucent's late entry in GSM, the European standard for cellular phones, has hurt its efforts in the European wireless market. • Asia. Despite the economic turmoil, Lucent is still hiring in the region. China has been a particular source of strength, since its government has made telecommunications infrastructure a priority. Despite the macroeconomic problems, Lucent expects 16% growth in Asian demand for telecom equipment over the next three years, 2% more than in the U.S. • Latin America. More than half of the region's Internet service providers use Lucent's equipment, the company says. Privatizations in Brazil and Mexico have led to giant investments in telecom infrastructure. Result: The region is Lucent's fastest growing market, expanding at 20% per year.