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Technology Stocks : Lucent Technologies (LU)
LU 2.8200.0%Nov 7 3:59 PM EST

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To: EL KABONG!!! who wrote (17533)1/21/2001 11:27:36 PM
From: Anonymous  Read Replies (1) of 21876
 
"Now Lucent must deal with that trouble. On Wednesday, it expects to
announce a loss for the most recent quarter on revenue about 20 percent
lower than in the year-earlier period. While the number of layoffs is
unclear, a restructuring charge will probably come to hundreds of millions
of dollars, at least."


I guess that Wednesday mentioned means this coming Wednesday? Uh?

Lucent is providing a live audio webcast of its 1Q01 earnings on Wednesday, January 24th at 9:00 am EST. At that time you may listen to the conference call "live" by clicking on either the Real Audio or Windows Media player button.

lucent.com

QUESTION: What happens to stock price?...on Tuesday?...on Wednesday?...or even tomorrow?...can stock take another negative report even though everyone knows it is coming. Talking finance heads on the telly will say that all this is already factored into the price of the stock....is that a given?
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