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Technology Stocks : Lucent Technologies (LU)
LU 2.675-1.3%3:59 PM EST
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To: sylvester80 who wrote (19305)3/12/2002 10:35:31 PM
From: Kenneth E. Phillipps  Read Replies (2) of 21876
 
Nortel in their warning said they may not even meet the 10% decline in revenues Not true. The other day, Dunn said the estimate was unchanged. I don't see the significance of 3.1 vs 3.6-8 in revenues. What counts is how much you get to keep. Lucent loses more money than Nortel. Therefore, Nortel has a higher share value. Very simple.
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