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Technology Stocks : Lucent Technologies (LU)
LU 2.455-4.1%12:13 PM EST

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To: Anonymous who wrote (16257)9/25/2000 4:46:09 PM
From: Anonymous  Read Replies (1) of 21876
 
It was Reuters who was out with news before the last (JULY) quarterly earnings announcement reporting that LUCENT would miss. Rumors were flying around before that announcement. In July they beat the STREET but then said in the next breath that for the next two quarters things would be flat and that was the statement that took the stock down. Watch to see if Mary Lou Ambrose, spokesperson has anything to say in the next day or so.

Wouldn't you think that they would have pre-announced if things were going to be bad...or do they still have time to do that before the formal day of reckoning. I believe they'll be announcing somewhere in the middle of the week of the 17th BUT PLEASE DON'T TAKE MY WORD FOR THAT. I haven't been able to find out anything at the LUCENT homepage.

I believe that with split adjustments right now, the opening day's price on this stock back on April 8, 1996 was somewhere around 7 3/4. By the end of 1996 the split adjusted price was 11 9/16......ANON.
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