SI
SI
discoversearch

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.
Technology Stocks : Lucent Technologies (LU)
LU 2.660-0.6%2:48 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kvkkc1 who wrote (15691)8/5/2000 1:44:04 PM
From: KevRupert  Read Replies (1) of 21876
 
Excellent point.

Lucent isn't currently making investors money. The current price, however, is independent of what Lucent was at 1-month, or 1-year ago.

The issue, in my humble opinion, is whether Lucent has the catalyst to turn things around at today's stock price?

I believe they do for the following brief reasons: 1) cfo offers balance sheet credibility, 2) spin-off of enterprise company will dispose of slow-growing assets, 3) spin-off of microelectronic unit will elevate the high valuation of fiber-optic assets, and 4) the new Lucent will offer better overall focus and growth prospects going forward.

That is why I am in the stock. Management has institued catalysts to drive the price up. Mistakes have been admitted, and actions taken to unleash corporate value.

Have a great day,

advalorem
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext