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 2.890+2.5%Nov 10 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: matt dillabough who wrote (16650)10/10/2000 7:54:26 PM
From: KevRupert  Read Replies (2) of 21876
 
Any prior valuation of LU, and the MicroElectronic Unit was based on the past. Nobody can state what the earnings prospects are for LU right now -- or any division of LU right now.

They are missing quarter after quarter with no end in sight. In addition, the general market for the telecom industry is expected to slow down. The $55b or $110b, or whatever figure you want to use, was based in part on a higher valuation of JDSU. Those nose bleed days are gone. And LU's divisions run in 2nd place to any one of JDSU's divisions.

LU's balance sheet is horrible, key employees are leaving, and management is miserable at best (spare the CFO).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext