Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.705

+1.7%

Dec 11 3:59 PM EST

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To: Mighty Mizzou who wrote (13248)	2/4/2000 1:38:00 PM
From: bgg	Read Replies (1) of 21876

What an idiot. Brilliant deductions from a guy who bought CSCO in the low 100s and showed pride in selling it at 107ish .... one week before the traditional earnings runup. "last qtr, (CSCO) revs up 49%, this qtr expected 42%, -7%." A little Math 101 -- This doesn't mean 7% decline in revenue q/q. You may be confusing yourself with LU's lousy quarter. Now that was a decline! And by the way, in Q2 FY99 CSCO reported 40% growth y/y. Quarters have different dynamics. Certainly, as a LU investor, you get this one.

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