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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (75934)10/10/2000 4:12:40 PM
From: ItsAllCyclical  Read Replies (2) of 95453
 
Lucent warns...

Granted they've been misguiding analysts for some time now, but this is a HUGE miss. Stock is down 6 after hours.

I thought it was reasonably valued at 30...shows what I know about tech stocks. Glad I wasn't in at the time. Had traded it a few days ago for small gains and small losses.

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Lucent issues warning

4:06 p ET

Lucent said it expects earnings for its fourth fiscal quarter of 2000 to be lower than the company's previously announced guidance. The company expects pro forma earnings per share from continuing operations for the quarter, which ended September 30, 2000, to be in the range of 17 cents to 18 cents per share compared to 24 cents for the year-ago
quarter.
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