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Technology Stocks : Lucent Technologies (LU)
LU 2.550+2.4%Dec 1 3:59 PM EST
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To: Anonymous who wrote (21006)10/21/2002 8:53:38 AM
From: GVTucker   of 21876
 
Why do I hang out here now?

Well, it isn't because LU is an attractive short anymore. The risk reward just isn't there from a short perspective, unlike a while back, when cash flows were deteriorating and most investors still didn't realize it.

I still hang out because I think that there's a core value to LU's assets. If I become convinced that the core value is in excess of the debt by a safe margin, I might buy a few shares.
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