Lucent Technologies (LU) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Lucent Technologies (LU)

LU 2.730

-0.5%

Nov 13 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: polarisnh who wrote (8966)	8/2/1999 8:53:00 AM
From: GVTucker	of 21876

Steven, RE: If I read what you are saying correctly you believe that McGinn isn't the man for the job? You don't think he has done very well as CEO? You read me correctly. McGinn has been the beneficiary of a wonderful portfolio of products at LU. That, IMO, has been the driving force since the LU IPO. Going forward, just having a solid portfolio won't cut it. McGinn is a career AT&T guy, going back the the days of regulation. (He started with Illinois Bell in 1969, and never left AT&T.) I am sure he is a bright guy, but when your formative years of your career are within a government regulated industry, you don't have the same perspective of someone like John Chambers (CSCO), who got to witness the beginning of Wang Labs' blow up first hand. To take LU to the 'next level', an outsider is needed to get rid of some of the fifedoms within LU that are nothing but expense centers. (OT--I am reminded of the Chicago Bulls in the late 80's. Doug Collins had done a fine job of getting the team to the upper echelon, but that was primarily on the back of his existing talent. It took another coach to use that talent to make the team truly excellent.)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next