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Technology Stocks : Lucent Technologies (LU)
LU 2.670-1.5%Jan 23 9:30 AM EST

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To: elmatador who wrote (19335)3/13/2002 10:50:44 AM
From: Sabrejet  Read Replies (1) of 21876
 
I find the article quite emotional, filled with innuendos and personal attacks. It sounds as though the author has a hidden agenda.

The bottom line is LU said they won't come in with 10-15% sequential growth but somewhere up to 10% They have also said they will offer a convertible for ~$1.5B. The dilution is the only issue I have with company news the last two days. The convert I see as an insurance policy at this point and a needed one at that. People shouldn't get too bent over that. It's what has to be done to protect the company.

How one can conjecture that Russo has no clue basically, or failed in her tenure so far, is beyond me. How one can conjecture LU is leading investors down an old familiar path is again, beyond me. The facts state otherwise or I wouldn't be here.

Poor logic and bad homework will cause one to lose money. Does one buy the issue here? Yes, as a long term buy. It will trade in a range as the market dictates but the mood right now is quite sour!

Sabre!
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