Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.670

-0.4%

Dec 22 3:59 PM EST

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To: Jeff Jordan who wrote (20367)	6/26/2002 10:28:41 AM
From: sylvester80	Read Replies (1) of 21876

It is amazing but that's the breaks of a bear market. It overshoots at the top and undershoots at the bottom. With a valuation of $5.49 billion at $1.6, and LU having $5.5 billion in cash and $8.8 billion in net assets (assets-liabilities and debt), you have to wonder how much lower can the stock go in the ST. Oh well... that's the ST breaks. It looks like crap now but how is it going to look 2 years from now. Good luck to all.

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