Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.625

+2.9%

Dec 5 9:30 AM EST

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To: Marc Hyman who wrote (20533)	7/19/2002 1:57:49 AM
From: Jesica Dawnet	Read Replies (2) of 21876

Yes, I know why it went up, so do millions of other people. There was encouragement about telecommunication stocks that provide fiber, and backbone services. The debt investment to Level 3 really pushed Lucent's stock. This is obvious by comparing the 6 week graph of LVLT and LU. LU is a very large provider of LVLT. Funny thing is that I see the LU stock as the one to invest in, and it is going down, and the LVLT to dump because there are rumors of incorrect accounting, and so, so many other issues with them. To me this means LVLT may be looking at law suits and a possible bankruptcy as well. LU on the other hand is much more trustworthy, and has diversity of customers who are showing signs of improvement already.

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