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Technology Stocks : Lucent Technologies (LU)
LU 2.595-3.9%Jan 14 3:59 PM EST

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To: sylvester80 who wrote (19705)3/28/2002 2:06:11 PM
From: GVTucker  Read Replies (4) of 21876
 
If you think anything of Susan's opinion, as it appears you do, then take note of the tail end of her report:

"The company has a potential risk of insolvency. In the event that Lucent does not meet our revenue and earnings expectations, it could potentially experience a shortfall in cash flow, which would force it to raise more capital or sell of assets.

The company has a potential risk of default. In the event that Lucent does not successfully meet our earnings and cash flow projections, it could violate the debt-to-EBITDA covenants on its bank loans, notes, and/or bonds."
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