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: sylvester80 who wrote (20836)	9/17/2002 7:49:15 PM
From: BWAC	Read Replies (3) of 21876

All of them are woefully behind. They've been behind since the day they added excess capacity. They spent and built irresponsibly as if demand would never ever slow or fall. When demand fell they were left holding underused factories, merger debt, merger dilution, etc. that was never paid for. All was bought at the top. All sucking earnings and the company down the drain presently. LU management was played like a pawn by the RBOC's. You'd think they were still all rolled up into T. Case in point. LU probably paid more for Ascend than the whole of LU is worth right now.

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