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Technology Stocks : JDS Uniphase (JDSU)

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To: Wyätt Gwyön who wrote (12978)10/11/2000 1:01:47 AM
From: pat mudge  Read Replies (1) of 24042
 
Lucent took too long to address fundamental internal problems," said Sanford C. Bernstein analyst Paul Sagawa. "They were too willing to explain them away."
interactive.wsj.com


So why didn't he know that a week ago? Any analyst worth his pay shouldn't have to wait for a public press release to know what's going on inside the company he's recommending. If that's the best he can do, who needs him? Even I can tell you Lucent's having trouble now that the cat's out of the bag.

Pat
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