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

To: Linda Pearson who wrote (6004)	2/3/1999 10:03:00 AM
From: William Hunt	Respond to of 21876

Thread ---Guess he was reading the LU proxy --- S&P Analyst Predicts Lucent, MCI WorldCom To Join Stock-Split Frenzy February 02, 1999 4:19 PM NEW YORK -(Dow Jones)- A market analyst for Standard & Poor's PersonalWealth.com Web site predicted Tuesday that Lucent Technologies Inc. and MCI WorldCom Inc. are likely candidates to join the legion of big-name technology companies that have split their stocks in recent weeks. S&P analyst Kevin Gooley, appearing on the CNBC cable network, said investors should look at companies with a history of splitting their stock and to focus on prices that have increased significantly of late. Lucent and MCI WorldCom fit those categories, Gooley hinted. Investors appeared to pay little attention to Gooley's prediction, as Lucent's shares (LU) lost 12.5 cents to close at $110.375, and MCI WorldCom (WCOM) fell $1.813 cents to $78.938. Still, at its recent price, Lucent is up 148% from its low of $43.938 last January. MCI WorldCom, meanwhile, is trading at a 131% premium to its low last February of $34.75. The prediction comes amid much recent hype over stock splits. While stock splits in themselves aren't always stock-moving events, splits in a popular stock tend to create excitement. Stock splits also have been a major feature of the Internet group recently, as those stocks have chalked up meteroric gains. America Online Inc. recently announced its own 2-for-1 split, its sixth since going public in 1992. Database-software giant Oracle Corp. entered the fray Monday with an announced 3-for-2 split. Semiconductor giant Intel Corp., software giant Microsoft Corp. and International Business Machines Corp. recently set 2-for-1 splits. BEST WISHES BILL

To: Linda Pearson who wrote (6004)	2/3/1999 11:40:00 AM
From: Skywatcher	Read Replies (1) \| Respond to of 21876

Aaaaa..what's another $440 million contract?? They do seem to be adding up, don't they...? ;-) chris

To: Linda Pearson who wrote (6004)	2/4/1999 8:14:00 AM
From: Teddy	Read Replies (1) \| Respond to of 21876

From today's The Wall Street Urinal: Dow Jones Newswires -- February 4, 1999 Interview: Lucent Exec Sees Big Asia Revenue Growth By James Paradise TOKYO (Dow Jones)--Revenues of the microelectronics group of Lucent Technologies Inc. (LU) of the U.S. will grow between 20% and 25% in the Asia-Pacific region in the current fiscal year and may grow around the same rate next year, a Lucent official said Thursday. Growth this business year, which ends Sept. 30, is coming from wireless handsets, circuits used in hard disk drives, modems for personal computers, telecommunications circuits used in switches and optoelectronics products such as lasers, said Glen Riley, region president for Asia-Pacific for the microelectronics group of Lucent Technologies, in an interview with Dow Jones Newswires. The microelectronics group is an operating group within Lucent Technologies which in the last fiscal year has accounted for about 10% of the company's $30 billion in overall revenues. In that year, Asia-Pacific revenues of the microelectronics group rose roughly 5% from the previous year, and worldwide revenues from the group were 12% higher, Riley said. In the Asia-Pacific region this year, the microelectronics group is enjoying strong growth in China, Taiwan, Singapore and South Korea, Riley said. The slowest growth is probably in Japan, he said. The strategy of Lucent Technologies, a company set up a few years ago as a spinoff from AT&T, is to focus on the communications segment, he said, which has large growth potential. "It took about a century to install the world's first 700 million phone lines; an additional 700 million lines will be deployed over the next 15 (years to) 20 years," he said later at a symposium organized by Semiconductor Equipment and Materials International, a global industry association. "There are more than 200 million wireless subscribers in the world today; an additional 700 million more will be added over the next 15 (years to) 20 years," he also said. One part of the microelectronics group's strategy is to provide complete "systems-on-a-chip," or semiconductors that combine logic and memory functions on a single chip. The company doesn't participate in the dynamic random access memory chip or standard microprocessor businesses, he said. Riley didn't make any profit forecasts. -By James Paradise, 813-5255-2947, jparadise@ap.org