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


To: Mighty Mizzou who wrote (7390)4/15/1999 9:52:00 PM
From: KYA27  Read Replies (1) | Respond to of 21876
 
If any companies are to come out of the Internet economy unscathed it is those
that have built
the net -- Cisco Systems Inc. (Nasdaq:CSCO - news), Lucent Technologies Inc.
(NYSE:LU -
news) and others whose customers are online businesses, analysts said.

''The infrastructure companies are continuing to benefit from very strong growth
in electronic
commerce,'' Dain Rauscher Wessels' Stephen Sigmond said in a telephone
interview, in contrast
to Web retailers, who may face difficulties matching their holiday-fueled fourth
quarter reports.

''There doesn't appear much of a seasonal downtrend in the first quarter,'' he
said.

Late Thursday, for example, Inktomi, a provider of Web directory software,
reported fiscal
second quarter revenues up 323 percent. But its net loss declined only slightly to
$4.6 million
from $4.8 million, amid aggressive expansion plans.

Analysts said intranets and extranets - networks inside a company and those that
link it with
partners - are experiencing tremendous growth. And as online commerce heats
up, companies
are looking for products that channel Internet customers to their sites and keep
them there.....