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Technology Stocks : Lucent Technologies (LU)
LU 2.520-1.4%Nov 26 3:59 PM EST
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To: Dublin who wrote (21360)7/25/2003 1:59:58 PM
From: DiB  Read Replies (1) of 21876
 
>Once they turned a profit $3 was in the bag
Right. Look at AV today (up almost 20%).

Avaya Ends Losing Streak With $8M Profit
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Communications Network Provider Avaya Ends Losing Streak With $8 Million Profit
TRENTON, N.J. (AP) -- Ending a two-year streak of quarterly losses, communications network provider Avaya Inc. swung to a slight third-quarter profit as stringent cost-cutting overcame lower revenues.
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Avaya reported net income of $8 million, or 2 cents per share, for the three months ending June 30. That beat by 2 cents the consensus forecast of analysts surveyed by Thomson First Call, who were predicting the company would break even.
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