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


To: Haim R. Branisteanu who wrote (7156)4/11/1999 1:31:00 PM
From: Bindusagar Reddy  Respond to of 21876
 
Great companies should command higher multiple than the market. Multiple also reflects the tremendous opportunity in next 10 years in Telecommunications industry. It should accelerate in next 12-24 months. It will definitely grow faster than Coke, Gillete etc.

Future looks better for LU and it should reflect in price. I would pay the premium in knowing that they will be around for many years improving communications around the globe. Think GLOBAL.

Regards,

BR