Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.415

+1.9%

Nov 21 9:30 AM EST

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To: AV8R who wrote (21579)	3/18/2004 3:08:58 PM
From: stock bull	of 21876

As you know, LU has been in a trading range for some time. IMO, it will remain in the range until they show that Telcom spending has picked up, and is growing. Then, LU must demonstrate that their revenue and profits are growing, and at a rate that Wall Street wants to see. Given this happens, then the stock will take off. Although, LU has made excellent progress in restructuring the company, they now must show that they can grow the company. Until this happens, LU is a "turnaround" play...and a high risk investment. Stock Bull

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