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To: nokomis who started this subject11/21/2000 8:39:31 AM
From: Teri Garner  Read Replies (2) of 8046
 
08:36 ET Lucent Tech (LU) : Company says it has identified a revenue recognition issue impacting approximately $125 million of revenue in its fourth fiscal quarter ended Sept. 30, 2000.

08:37 ET Lucent Tech (LU) 20 15/16: -- Update -- The issue was discovered as the company was completing the final preparation of its financial statements for its fiscal year. At this time, the company also indicated that it cannot confirm its guidance for Q1 of 2001.
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