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AFTER THE CLOSE.(TO THE POINT)

Investor's Business Daily

| August 01, 2001 | COPYRIGHT 2001 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

LUCENT expects to raise $1 billion via a private offering of redeemable convertible preferred stock. Earlier on Tuesday, S&P again cut the ailing telecom gear maker's debt ratings.

RENAL CARE met second-quarter views of 37 cents a share, up 12%. The dialysis provider sees profit rising 15% for the rest of the year and the next two to four years.

MENTOR earned 42 cents a share in its first quarter, up 24% and 3 cents above views. The medical and dental supplier's sales climbed 20% to $81 million.

KLA-TENCOR'S fourth-quarter profit tumbled 38% to 29 cents. But that beat goals by 3 cents. The chip gear maker's sales slid 4%.

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