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Technology Stocks : Lucent Technologies (LU)
LU 2.625+2.9%Dec 5 9:30 AM EST

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To: MRE who wrote ()1/12/2000 10:33:00 AM
From: Terry Audette  Read Replies (2) of 21876
 
Upon reflection, the scariest part about this whole LU miss
is that they could be going to miss by THAT MUCH and not know about it weeks ago. If we were talking a few pennies, I could see that but not as much as they're talking about.
This speaks to a lack of internal controls and communication
that is truly frightening. It makes me wonder what else they don't know. I've been in this stock for a long time and have enjoyed the ups and endured the downs but I think it may be time step away from it. The thing that keeps coming to mind is that this would never have happened at CSCO or TLAB and if LU's management is that inferior to the competition then I don't see how they can survive against the likes of CSCO.
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