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Technology Stocks : Lucent Technologies (LU)
LU 3.120+11.4%3:59 PM EDT

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To: Anonymous who wrote (21827)1/13/2006 8:15:38 AM
From: FJB  Read Replies (1) of 21876
 
Lucent Cuts 2006 Outlook


JANUARY 13, 2006


Lucent Technologies Inc. (NYSE: LU - message board) saw its share price lose 10 percent of its value in pre-market trading this morning as the company warned that revenues in its 2006 fiscal year, which runs to September 30, will "be essentially flat or increase in the low-single digits for the year" instead of the previous predictions of mid-single digit growth. (See Lucent Revises 2006 View.)

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