Lucent Technologies (LU) Message Board

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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: William Hunt who wrote (10524)	10/22/1999 11:25:00 AM
From: Clay Takaya	Read Replies (2) of 21876

Bill, No offense, but I think you are dead wrong in your analysis of how McGinn is handling the situation. In Q2 he came out and preannounced and what did we get: nothing. Preannouncing can only make an earnings upside anti-climactic and dilute the updraft that will certainly occur when the shorts have to cover and the longs jump in to make the shorts miserable. If LU announces to the upside, I believe that Rich has handled this situation exactly right and that we will see a fireworks show. If LU comes up short, what could he have said? If shareholders start to make these kind of demands on the leadership of corporations, we might as well hire politicians to run our companies. Clay

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