Lucent Technologies (LU) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Lucent Technologies (LU)

LU 2.625

+2.9%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: scratchmyback who wrote (20787)	9/13/2002 8:15:45 PM
From: sylvester80	of 21876

Sprint lowered subscriber growth by half. With more than half of their revenues of Lucent and Nortel from wireless, wireless cap ex declines is the next show to drop. That is the reason for the warning as well as Nortel's one. The current equipment that Sprint, Verizon, Cingular etc... already have in the field, are more than enough to support the 50% declining growth. In fact, the way this growth is declining, -50% last quarter and again -50% this quarter, I expect the wireless companies see the writing on the wall that by the next 2 quarters there will be very little new subscriber growth and each one would try to steal the same customers for each other (which means margin and price pressures). This is already happening with T-mobile and their 3000 anytime minutes for 49.95. No way anybody is making money with plans like that. And T-mobile is offering this plan to get new subscribers even though they are losing almost 50% on the deal. Things are about to get even worse folks. Telecom bottom has not yet been reached. Not by a long shot. In fact it is getting worse. JMHO.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next