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To: Highway Jim who wrote (60789)	4/13/1999 6:18:00 PM
From: H.A.M.	Respond to of 61433

Lucent On Target For Strong Second Quarter MURRAY HILL, N.J., April 13 /PRNewswire/ -- Lucent Technologies (NYSE: LU) said today it expects to report earnings per share in line with or exceeding analysts' consensus estimates of 15 cents for its fiscal second quarter of 1999. The company also said it is on target to post revenues in excess of $8 billion, an increase of more than 30 percent from the year-ago quarter. Lucent issued today's statement in response to recent market speculation about the quarter. Lucent will report its earnings on April 22. "Lucent saw strong growth this quarter both inside and outside the U.S.," said Richard McGinn, Lucent chairman and chief executive officer. "We remain very confident about our short-term and long-term prospects as our customers continue to invest in the communications networks of the future." McGinn reiterated that the company expects revenue growth of 19 to 20 percent for the year and earnings per share growth of about 35 percent, excluding one-time events. Lucent Technologies, headquartered in Murray Hill, N.J., designs, builds and delivers a wide range of public and private networks, communications systems and software, data networking systems, business telephone systems and microelectronic components. Bell Labs is the research and development arm for the company. For more information on Lucent Technologies, visit the company's web site at lucent.com. This news release contains forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include price and product competition, dependence on new product development, reliance on major customers, customer demand for our products and services, readiness for Year 2000, control of costs and expenses, international growth, general industry and market conditions and growth rates and general domestic and international economic conditions including interest rate and currency exchange rate fluctuations. For a further list and description of such risks and uncertainties, see the reports filed by Lucent with the Securities and Exchange Commission. Lucent disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. SOURCE Lucent Technologies