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 : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: pat mudge who wrote (8275)	12/4/1998 3:32:00 PM
From: Glenn McDougall	Read Replies (1) \| Respond to of 18016

Just watching the tape and LU is going through the roof. (I do not own any LU stock ;-() and went to the thread to get some understanding what is going on. Found this comment about the SC First Boston Annual Tech. Conference. I wonder what was said by NN. Does anyone have any ideas? To: David Weis (5076 ) From: Jack Kunkle Friday, Dec 4 1998 2:59PM ET Reply # of 5080 Headline: Lucent, others up after upbeat investor conference NEW YORK, Dec 4 (Reuters) - Shares of telecommunications equipment maker Lucent Technologies Inc. (NYSE:LU) and technolgoy stocks rose on Friday after the companies this week gave upbeat presentations at an investor conference, analysts and traders said. "It seems Lucent had some very positive comments at an investment conference in Arizona....Tellabs also made some positive comments as well and they appear to be finally participating (in the rally too)," said Steve Levy, a telecommunications equipment analyst with Lehman Brothers. Lucent, the third most-active issue on the New York Stock Exchange, gained 5.3 percent or 4-11/16 to 93-1/16. The gains outpaced a rally in the broader market as the Dow Jones industrials gained 116 points or 1.31 percent to 8996. "The message we gave was the same as it's always been- our fundamentals remain strong and the markets we address remain strong," said Lucent spokesman Jeff Baum. Lucent, Tellabs Inc (NASDAQ:TLAB). and a variety of technology companies from computer chip makers Cypress Semiconductor Corp. (NYSE:CY) and STMicroelectronics NV (SBF:STM) to Internet portal company Excite Inc. (NASDAQ:XCIT) made presentations at the Annual CS First Boston Conference in Phoenix. Many of the companies appearing at the conference saw moderate gains in their stock prices, analysts said. Tellabs said it did not make any new announcements but analysts said their presentation was upbeat. Shares of Tellabs gained 1-1/16 to 57-13/16 on Friday. RF Micro Devices Inc. (NASDAQ:RFMD) also rose Friday, building on gains seen Thursday after its conference presentation. RF Micro, which develops radio frequency circuits such as amplifiers, mixers and modulators for wireless communications services, added 4 to 37-1/4. The stock has gained 35 percent since Dec. 2. Copyright 1998, Reuters News Service Regards Glenn