Just keeping the string alive. Being the retired LUCENT employee that I am, I am just a holder of the stock. Someone said - "If only they'd announced last week!" Well, it is unfortunate that these things happen...just like in the restaurant business it is "location, location, location," sometimes in making quarterly earnings announcements it is "timing, timing, timing."
I also was a holder of quite a few shares of AT&T and when they announced their 2nd qtr earnings and beat the STREET by a cent while IBM missed their target by 3 cents, down went AT&T and up went Big Blue.
The STREET loves Big Blue and has a love hate relationship with T. As for LUCENT, apparently the whispers were strongly in circulation at least 3 days ago, and possibly over the weekend, and all the money that could be made was made between Monday and Tuesday.
I feel that money will flow back into LUCENT in a few days just because the market is so shaky (sic) and the STREET will look at LUCENT's latest quarterly earnings as an indication of where to put some $$$$ for safekeeping, at least until something else affects the entire market or the time for LUCENT to announce the next quarter earnings arrives.
I'll be looking in here from time to time to see what you people have to say. I am not a trader...just an owner of some shares at the moment...they are for the most part in my 401K and have rewarded me rather handsomely so far.
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