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Strategies & Market Trends : Sharck Soup

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To: American Spirit who wrote (15086)4/5/2001 10:43:38 PM
From: A.L. Reagan  Read Replies (1) of 37746
 
When do you think LU will generate consistent positive cash flow from operations (as opposed to asset sales)?

They sell the semi biz, F.O. components biz, the other stuff already gone, and whaddya got: legacy phone switches, a behind-the-curve product offering in F.O. systems with future gee-whiz products not ready for prime time, a wireless infra business that except for VZ is going nada unless they pull off a miracle with CHU, and a bunch of tempermental scientists (many of the good ones who can play well with others are apparently long gone) who want to be left alone to tinker in Bell Labs, but are probably pissed as hell about their retirement and stock option accounts. Oh, and still a ton of debt in terms of the likely ability to service same from remaining ops.
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