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

To: Tom Gebing who wrote (5650)	1/21/1999 7:43:00 AM
From: William Hunt	Read Replies (1) \| Respond to of 21876

THREAD ---The actual numbers--Lucent Technologies Inc. Dow Jones Newswires -- January 21, 1999 Lucent Tech 1Q Op Net $1.05 A Diluted Share Vs 86c Lucent Tech - Murray Hill, N.J. 1st Quar Dec. 31: 1998 1997 Revenue $9,204,000,000 $8,724,000,000 Net income a 2,708,000,000 b 1,124,000,000 Shr earns (basic) Net income a 2.06 b .87 Shr earns (diluted) Net income a 2.00 b .86 a. Includes gain of $1.31 billion, or 96 cents a share, for a change in pension and post-retirement benefit accounting; and a charge of $14 million, or 1 cent a share, for in-process research and development from the acquisition of Quadritek. Excluding items, operating income was $1.41 billion, or $1.07 a basic share and $1.05 a diluted share. The latest first quarter also includes income of $65 million, or 5 cents a share, as a result of the change in the company's pension and post-retirement accounting, as well as other benefit provisions. b. Includes $427 million charge associated with the acquisition of Livingston Enterprises and a $95 million gain for the sale of Advanced Technology Systems business. Excluding items, the company earned $792 million, or 61 cents a share. BEST WISHES BILL