Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.755

-2.5%

10:47 AM EST

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To: KYA27 who wrote (5828)	1/25/1999 9:34:00 AM
From: William Hunt	Read Replies (1) of 21876

KYA27 --- I am confused --- the WSJ has it at a pe of 50 ---That accounting change where we received 1.01 on top of the 1.05 in earnings we earned is counted in the qtr earnings for LU . Per the S&P report I received over the weekend all future adjustments due to the pension accounting will be counted in P/E for LU . The S&P has LU with a P/E of 52 and said they should have change their pension accounting when they were spun off from ATT . Then the real question is why such a big fuss was caused by the article from the WSJ except to drive the stock price down ? BEST WISHES BILL

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