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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 476.93+0.6%Nov 25 3:59 PM EST

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To: Susan G who wrote (839)6/12/2001 11:43:41 PM
From: Teri Garner  Read Replies (1) of 26752
 
Lucent debt is "junk"

Standard & Poor's downgrades Lucent's debt rating to "junk status"

June 12, 2001: 7:14 p.m. ET

NEW YORK (Reuters) - Standard & Poor's on Tuesday cut its debt ratings for Lucent Technologies Inc. to junk status, expressing "significant" concern about Lucent's ability to improve profits and cash flow in a tough telecommunications sector.

cnnfn.cnn.com
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