Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.430

-5.1%

3:59 PM EST

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To: Mr.Fun who wrote (6672)	3/17/1999 6:09:00 PM
From: Anonymous	Read Replies (3) of 21876

"LU's 1Q revenue line spooked many large investors who have been on the sidelines waiting for more information. Furthermore, shorts have been sowing the seeds of doubt about the quality of LU earnings based on some shoddy analysis done by an outfit called the Center for Financial Research and Analysis." Jim Cramer was on CNBC this morning and he said that as far as he's concerned, LUCENT was a miss last quarter. He added that if they show something this quarter he may get back in but right now he's out. Apparently there was somebody else on CNBC this past Friday that also had some things to say about LUCENT's accounting practices which didn't do the company any good in the eyes of investors. Anonymous

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