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Technology Stocks : Lucent Technologies (LU)
LU 2.415+1.9%Nov 21 9:30 AM EST

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To: Bindusagar Reddy who wrote (10520)10/22/1999 11:09:00 AM
From: William Hunt  Read Replies (5) of 21876
 
Bindusagar --- CSCO P/E at 110 while LU after next week earnings will be below 50 . This is a joke that has shaken a lot of people ( individual investors that will not invest in LU again ) due to lack of control ( managing expectations ) by the company . Do you still feel comfortable that McGinn actually knows how to explain the perception of the company if their are issues that need to be resolved . He sure is a good represenative when times are good but I have sure have not seen him lately ---last three months at least . The best manager is the one who can handle the hard issues and present a good plan while sharing that vision with shareholdeers

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