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Technology Stocks : Lucent Technologies (LU)
LU 2.705+1.7%3:59 PM EST

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To: Mighty Mizzou who wrote (13253)2/4/2000 1:48:00 PM
From: telecomguy  Read Replies (1) of 21876
 
Mighty, it seems you are praying for LU to recover! Tracking stock does not change the fundamentals. For LU to be floating these kind of tactics to try to goose up their share price again indicates to me that they may have their priorities all mixed up -- FIX THE BUSINESS and valuation will take care of itself! And while you are fixing the operations, get out of non-core business -- why stay in the microelectronics when they should be in network infrastructure & access business? You may argue that they have the R&D and they may as well monetize it but they can monetize it lot more effectively by licensing or selling any R&D not core to their business coming out of Bell Labs. Look at Qualcomm as an example of a company who knows how to maximize their value/profit/focus -- they farmed off the handset mfg because that's not their strength!
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