Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.545

-0.6%

Dec 3 3:59 PM EST

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To: Elroy who wrote (20819)	9/17/2002 4:00:19 PM
From: matt gray	Read Replies (1) of 21876

personally I did fine on qwest. Similar situation, the market discounted the shares assuming bankruptcy. With assets twice liabilities, this was/is fallacious logic. Granted LU may be a dog, but at some point in time the question is have they been priced for a situation that isn't likely to occur. I walk into to many Central offices loaded with Lucent gear to think otherwise. SOnet gear DWDM gear 5ESS switches power systems channel banks...SLC carrier products DSL gear... Cellular stuff still have alot of good products. Worst case they send everyone home and milk the recurring revenue until the nuclear winter ends. Trump card, Cisco has a market cap 30x that of Lucent. Why wouldn't the 800 pound gorrilla get bigger?

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