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Technology Stocks : Lucent Technologies (LU)

LU 2.645

+0.8%

Dec 8 3:59 PM EST

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To: stilts who wrote (11894)	12/23/1999 10:13:00 AM
From: Clay Takaya	Read Replies (2) of 21876

Stilts, I think Chuzz's point is that the positive cash flow that LU showed last quarter was a result of this repositioning of this receivable and not as a result of operations. Someone please correct me if I am wrong, but my understanding is that Mr. Fun was claiming that the positive cash flow was exclusive of this item. IMHO, Chuzz's concern is that operationally, LU is in a cash depleting business model and must dip into the till for more fuel. This is worth keeping your eye on. Clay

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