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Technology Stocks : Lucent Technologies (LU)

LU 2.660

-2.0%

Jan 30 3:59 PM EST

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To: Softechie who wrote (19229)	3/12/2002 1:09:18 PM
From: sylvester80	Read Replies (1) of 21876

At $5, bankruptcy is factored in Softie, not just a convertible. Maybe you should read the news on the Nortel board and figure out how can Nortel that will not even meet a 10% revenue decline and is in violation of its bank covenants is trading at $5.6. IMO, bottom is in for telecom. Range trading for now till capex recovery takes hold. JMHO.

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