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Technology Stocks : Lucent Technologies (LU)

LU 2.540

-0.8%

3:41 PM EST

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To: GVTucker who wrote (20883)	9/30/2002 7:10:42 PM
From: sylvester80	of 21876

And considering how bad things really are, it would also be a folly to think it is IMPOSSIBLE for things to get even "marginally" better than where they are now during the next 2 years. So you have to think that things get progressively worse during the next 2 years AND that cuts and restructuring can not keep up with the industry worsening for the next 2 years. Possible but lower probability now than let's say before a quarter ago or even before the latest SBC cuts. And so is the reverse... more probable now than a few months ago... JMHO. PS. IMO, the FCC gives the RBOCs what they want and we could get the first "small" uptick in cap ex as early as 2nd/3rd Q 2003... just my guess...

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