Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.515

-1.6%

3:59 PM EST

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To: stock bull who wrote (21390)	10/23/2003 1:57:41 AM
From: Elroy	of 21876

Don't think of LU stock as being at $2.79, think of it as a company with an $11.6 billion market capitalization. Doesn't seem so cheap then considering they only had $8.5 billion in sales in the past four quarters, expect to have the same sales in the next four quarters, and will approximately break even on that level. Doesn't matter is the share price is 28 cents, $2.80 or $280 unless you consider the number of shares outstanding. Elroy

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