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Technology Stocks : Lucent Technologies (LU)
LU 2.975-4.6%Nov 3 3:59 PM EST

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To: Anonymous who wrote (21763)8/24/2005 2:31:28 PM
From: David Hansen  Read Replies (1) of 21876
 
Anon, Looks like we are closing in on your asking price... Any change in thoughts? Feels like one of those quarters that will build in momentum and then results will be announced and LU tanks...? But maybe not this time... I think a lot will have to do with any change in prospect for the future... Other items which may affect it: a large headcount reduction in management (C, D and E levels) rumored... whether this is real or not only time will tell... $800+ MM in income tax returns due this coming quarter - how will this be used and what happens to cash reserves... Is this already built in?
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