SI
SI
discoversearch

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 2.520-1.4%Nov 26 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeff Jordan who wrote (21336)7/15/2003 5:05:31 PM
From: DiB  Read Replies (2) of 21876
 
How much more can they lay off? Another 5K? If I'm not mistaken, the headcount is supposed to be about 37-40K by the end of this FY.

The interesting point is that the Street was not buying that "Q4 breakeven" fairy tale. The EPS estimates for this q are 5 or 6 cent loss, and for the next q are 3 cent loss. For the next year they are 1 cent loss.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext