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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: The Phoenix who wrote (9848)	10/6/1999 3:53:00 PM
From: hitesh puri	Read Replies (2) of 21876

No way, the general tone of the CC was lukewarm and the analysts did not like the cautious outlook due to Y2K and revenue smoothing (which was actually to pacify their usual complaint of lumpy revenue). Why argue, you can see the result from then on till today inspite of heavy contract announcements. I am giving LU till this CC before I consider pulling out. I have seen it happen too often with other tech companies where denial of facts leads to underperformance. -Hitesh

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