Bosco,
i've always appreciated your pleasant manner. don't be suckered into lu at 12. there will be more bad news and more lies exposed. there is no reason for any carrier to give a contract to lu. they do not have the know-how to supply an efficient 10 Gbp/s system; they've done too few. such systems require the experience, the trials and errors that ony nt has had. yes, verizon just gave lu a moderate-sized contract. i don't know what side-issues caused them to make that error. but anyone who has ever tried to use verizon's dsl knows how prone verizon is to stupidities. but virtually all contracts will go to nt. Schacht is from the same old school as McGinn: ATT when it was a monopoly. such men must flounder in the real world of business. look at his stupid solutions: not improve the product, not get product from the lab to market faster, not rationalize the insane sales compensation system - no, none of that. instead fire 10,000 people. he should fire everyone. that'll cut payroll cost to zero and immediately improve profits. No, not until the whole old management crew is thrown out, including the board, and only if a truly experienced fiber optics pro comes in, is lu worth a dime of your money. sell whatever you must to have zero margin. keep whatever nt you can without leverage, buy some defense(not defensive)stocks, buy some PCG FIRST MORTGAGE (only 1st mortgage) bonds, and only if you can afford to wait through the coming bankruptcy without a return from the bonds - and take a vacation from investing. |
