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Technology Stocks : Lucent Technologies (LU)
LU 2.8200.0%Nov 7 9:30 AM EST

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To: Anonymous who wrote (21688)1/19/2005 2:34:11 PM
From: Jagfan   of 21876
 
I think it popped yesterday as a expectation to last night's earnings announcement. However, news wasn't as good as anticipated; Lucent's fiscal first-quarter profit dropped by nearly 50% from a year ago, and the company's latest-quarter revenue fell short of Wall Street estimates. Shares fell 7% in midday trading today.
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