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Technology Stocks : Lucent Technologies (LU)
LU 2.770-1.8%1:56 PM EST

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To: stock bull who wrote (21701)2/4/2005 12:46:16 PM
From: David Hansen  Read Replies (1) of 21876
 
I just think by some of the metrics I've been looking at that it seems now that LU is fairly priced. I am betting LU will have a move northward in stock price. There is a sense of solid progress in the way in which LU is now being managed. I think if LU makes a rapid adjustment up, it put's her more outside of the likilhood of an acquisition. Credibility is quickly lost but it takes years to regain...

I'd say that it is extremely likely we will see a reverse split this year. The first hurdle though will be the vote at annual meeting on this topic.

I personally would much rather see LU go it alone without seeing an acquisition. I think we have sustainable momentum in the wireless business and the UNE-P ruling might be just in time to help the wireline side...
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