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Technology Stocks : Lucent Technologies (LU)
LU 2.415+1.9%3:59 PM EST

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To: MMW who wrote (8718)7/21/1999 12:58:00 AM
From: Bindusagar Reddy  Read Replies (1) of 21876
 
MMV, DO not post idiotic misinformation here. LU management never said they will miss fiscal 2000, they guided the analysts estimates by 5-7 cents upwards fro fisca,l 2000. Yes, they said the seasonality of December quarter that was seen previously will be smooth this year for two reasons. 1. LU is trying to smooth the earnings and revenues and avoid lumpiness of Q1. 2. Y2K may ,once again may postpone software sales to January quarter. Either way the 2000 fiscal year should be very good. The conference call was very bullish. Why don't you listen to it before posting STUPID misinformation.
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