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Technology Stocks : Lucent Technologies (LU)
LU 2.430-5.1%3:59 PM EST

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To: telecomguy who wrote (14500)4/23/2000 10:19:00 PM
From: telecomguy  Read Replies (2) of 21876
 
My point in the last post is that McGinn & Co. HAD to have known that they were going to miss badly LONG before they announced because the nature of LU and NT's business is that the revenues are generated by handful of large contracts that either make great quarters or lousy quarters depending on whether they deliver.

So I cannot buy that McGinn did not know that LU was not going to deliver on the high end of the optics since now it has come out that it will take 2 to 3 quarters to catch up.
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