Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.890

+2.5%

Nov 10 3:59 PM EST

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To: TCGNJ who wrote (13080)	1/30/2000 11:50:00 AM
From: Techplayer	Read Replies (2) of 21876

TCGNJ, LU is at a good level for a partial entry at this point. You might want to see if 50-52 is available again. Despite Jack's scathing comments, LU does have good management in key area. the decision to pursue DWDM rather than 10G optical was a bad one. People have paid for that. Middle management leaves a bit to be desired, but that can be said for many companies. McGinn has already lowered estimates for this quarter, giving guidance for 10 billion in revenues and .23 or so per share earnings. I would expect that the next CC would be upbeat heading into the second half. Fixing the manufacturing fiasco is proceeding as planned, though optical sales will be weak again this quarter. All guidance given by management is for a strong second half. Good luck, Brian

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