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

To: Diamond Jim who wrote (5726)	1/21/1999 4:27:00 PM
From: William Hunt	Respond to of 21876

JAMES ---Hopefully this has taken a lot of the MM players out of the stock so we can start the climb back . Look for analysts upgrades next week . I personally did not find the earnings report a problem ---would have like to have seen more revenue book in the qtr , also a better explanation on the accounting increase to the bottom line from the funded pension plan . Per CNBC LU only looks for a return of 9% to maintain the funding of the pension plan . What are they supposed to do with the excess cash ---give it away or use to it pay for R&D or other healthy issues that help grow the company ? MCginn knows what he is doing and they definitely are in the hottest industry for the next three years . One other comment ----the big surge in PC buying last qtr --- the main reason ( 75 %) most bought the boxes were to be able to get on the internet . Bodes well for the future BEST WISHES BILL