Range Bound & Undervalued Quality Stocks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Range Bound & Undervalued Quality Stocks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JakeStraw who wrote (977)	2/8/2000 11:29:00 AM
From: Esway	Read Replies (2) of 5499

LU taking it on the chin again today:Lucent Technologies (LU) 56 5/8: Schroders downgrades from OUTPERFORM to UNDERPERFORM following channel checks on the March quarter; circuit switching products - including Class 5 switches - are seeing weak demand and are subject to substantial discounting. Also hearing about substantial turnover in the organization. Q2 revenue estimates cut from $9.7 bln to $9.2 bln; FY00 EPS cut from $1.28 to $1.23 and FY01 from $1.55 to $1.45.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next