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Technology Stocks : Lucent Technologies (LU)

LU 2.650

-2.9%

Nov 14 9:30 AM EST

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To: Zoltan! who wrote (9227)	8/19/1999 11:03:00 AM
From: Curtis E. Bemis	Read Replies (1) of 21876

Morning-- I just got passed an article written by Mike Cammarata who authors the Hoofbeat subscription newsletter. He claims--".. Lucent is having >extreme problems in meeting production schedules and shipment dates on their >old line telephony products. We are talking serious unit backlog measured in >the thousands. Apparently that factory was shut down for several weeks for a >SAP implementation along with Order Flow this and that. Things have not >returned to normal and they continue to fall behind. Anecdotal evidence of >large customers having concrete 'set-in-stone' shipment and installation >dates have had to contact all their other vendors to postpone those >installations into the unknown future." Anybody know anything about this ??

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