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Technology Stocks : Lucent Technologies (LU)
LU 2.560+0.4%Dec 2 3:59 PM EST
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To: Maher Sid-Ahmed who wrote (17638)2/18/2001 5:38:01 PM
From: blankmind  Read Replies (1) of 21876
 
Maher - you nailed it right on the head - none of the so-called experts who told us to load up on e-toys at $80+ seems to care about the agere proceeds:

"Lucent has ~$4 billion in cash and they will receive another $2.5 billion when they sell Agere Systems. They have short term debt of $5 billion and long term debt of $3.1 billion. This is not a company about to go bankrupt by any means."
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