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Technology Stocks : Lucent Technologies (LU)
LU 2.825-2.2%Nov 11 3:59 PM EST
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To: jack bittner who wrote (12914)1/23/2000 4:11:00 PM
From: Anonymous  Read Replies (1) of 21876
 
"one asks how they could not know what products their customers want. if they made the wrong decisions for the past 2 years, and passively watched their competition building and selling the right products, why should they do any better now?"

They are not all geniuses. I belive my working there for 35 years qualifies me to make that statement. They're just maybe above average corporate people fighting and clawing their way to the top of the hierarchy in just about the same way it's done in any big company.

Down through the years I watched some very clever people wheel and deal, and as each one moved on up, the next guy who took their place had to be an even better wheeler and dealer cause he wasn't left with as much at his disposal.

Finally somebody came along who was left with nothing to wheel and deal with and finally the truth would come out and a few heads would roll..usually the heads rolling around weren't the one's that should have been.

Things will get better again cause most of the facts have been revealed, and now the cards are on the table once more, dealt from a new deck for a new game to all who will be survivors for the next round. Some of the old players might even leave the game in the not to distant future...but that is not a guarantee.
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