While Wall Street body-slammed the company for one lackluster quarter, in that same period sales of Lucent's most advanced optical gear doubled, and its data network business grew 60%.

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The latter include, for example: supercomputers, advanced machine tools, fiber optic and other sophisticated telecommunications gear, jet engine hot sections, rocket propulsion and guidance components, "stealth" technology, to name a few.

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Examples include: high accuracy machine tools, deep underground tunneling machines, telecommunications equipment, underwater surveillance gear, sophisticated computers, manufacturing equipment associated with microelectronics, advanced composites and super-alloys.

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