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Technology Stocks : Lucent Technologies (LU)
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To: steve who wrote (20562)7/22/2002 1:33:44 AM
From: stock bull  Read Replies (1) of 21876
 
Thanks for the article. Some interesting points being raised. In any event, someday, the telcom companies will start upgrading and expanding on their systems. This will mean capex will pick up and companies such as LU should benefit. However, I think it will take a year before all this sorts itself out.

I believe that LU will be well positioned to benefit once spending pick ups.

Expect to see a continuation of Friday's selling when the markets open Monday. As I post this message, the futures are all down. What a mess, no capex spending, corporate corruption, terrorism, and currency problems. Did I miss anything? Is this the "Perfect Storm"?

Stock Bull
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