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

To: blokker who wrote (7584)	4/28/1999 12:10:00 PM
From: KYA27	Read Replies (1) \| Respond to of 21876

Lucent advances Net telephony plan The race to provide reliable networks based on Internet technologies continues. Telecommunications equipment giant Lucent Technologies announced plans to evolve its circuit-based switching technology today so it can deliver voice calls using a data--or "packet-based"--scheme without losing the features, such as call waiting or 911 service, that users associate with their current phone system. The new technology feeds into a trend that has enveloped the networking industry from two sides: Telecom equipment manufacturers are honing in on Internet technologies in order to provide a cheaper way for communications providers to deliver services, while data and Internet equipment manufacturers are scrambling to make their technology reliable enough to be used in even the most demanding voice settings. Lucent has long-stated its intentions in this area, but today it announced new "glue" that will tie its traditional voice switching technology to its emerging set of packet-based products--a side of the company that will soon be buttressed with the finalization of the company's $22 billion acquisition of Ascend Communications, expected in June. Lucent's new 7R/E Call Feature Server, scheduled to be available in the fourth quarter of this year, essentially takes the reliability features of traditional phone networks and moves them to the data-based world of Internet protocol, or IP, networks and asynchronous transfer mode, or ATM, cells, according to the company. Service providers US Lec, Omnitel Pronto of Italy, e.spire, KMC Telecom are among the initial customers for the new technology, according to Lucent. Analysts have long assumed that Lucent, among several telecom equipment giants eyeing the lucrative data market, would bring its expertise in circuit technology and voice networks to bear in its drive to take a chunk of the next-generation "converged" networking market. Tying voice and data networks together over a single layout is a common thrust in the networking industry these days as new carriers build out their far-flung layouts and traditional communications companies expand their existing infrastructure. In conjunction with Lucent's new call server technology, the company has added a new 7R/E Packet Driver to its widely used 5ESS voice switching device, allowing the hardware and software to handle packets like it handles circuit-based connections. The company also rolled out other elements in a strategy it has dubbed R/Evolutionary Networking, a term intended to signify the revolutionary and evolutionary aspects involved in the strategy. Last year, Lucent launched two new products that also feed into its emerged strategy, the PathStar and PacketStar high-end networking devices. The company already licenses technology from Ascend it plans to use in its strategy as well.

To: blokker who wrote (7584)	4/29/1999 9:37:00 AM
From: Anonymous	Read Replies (2) \| Respond to of 21876

"I heard a rumor that LU is spinning off one of their units that is losing money in an IPO or that they are selling off outright. Anyone in here heard anything about this. An announcement like that could push this Who*e over $70 mark." You posted this the other day....when I saw this I wondered if Lucent is going to do something like that...I caught the CNBC ticker going by before the market opening bell and saw LU and the LU with W/I and today (Thur 4/29) I saw the CNBC ticker going by before the opening bell with LU 60 3/4 followed by LU W/I 55 1/2 so something is up. The question for anybody is "Does anybody know what is up?" Anonymous